SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Update

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 883,319 shares, an increase of 151.0% from the July 15th total of 351,961 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,711,315 shares, the short-interest ratio is currently 0.5 days.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

Shares of NYSEARCA SPAB opened at $25.18 on Friday. The firm’s fifty day moving average is $25.31 and its 200 day moving average is $25.54. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $25.03 and a 52 week high of $26.17.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPAB. G&S Capital LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 75.7% in the second quarter. G&S Capital LLC now owns 85,783 shares of the company’s stock worth $2,189,000 after acquiring an additional 36,963 shares in the last quarter. KWB Wealth grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 23.5% during the second quarter. KWB Wealth now owns 309,572 shares of the company’s stock valued at $7,900,000 after buying an additional 58,838 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its position in SPDR Portfolio Aggregate Bond ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 3,206,173 shares of the company’s stock valued at $81,822,000 after acquiring an additional 190,995 shares in the last quarter. World Equity Group Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth $423,000. Finally, HF Advisory Group LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 4.7% in the second quarter. HF Advisory Group LLC now owns 66,776 shares of the company’s stock worth $1,704,000 after purchasing an additional 3,014 shares during the last quarter.

About SPDR Portfolio Aggregate Bond ETF

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.