SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Down 93.4% in January

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 83,999 shares, a drop of 93.4% from the January 15th total of 1,281,372 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,318,199 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 2,318,199 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SPAB traded up $0.07 during mid-day trading on Tuesday, reaching $25.89. 2,444,798 shares of the company’s stock were exchanged, compared to its average volume of 3,819,830. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.82 and a twelve month high of $26.16. The business’s fifty day moving average price is $25.79 and its 200-day moving average price is $25.80.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.082 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

A number of hedge funds have recently made changes to their positions in SPAB. FAS Wealth Partners Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth about $26,000. Franklin Resources Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at about $26,000. Gould Capital LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth approximately $26,000. Kingdom Financial Group LLC. bought a new position in SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth approximately $27,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF in the fourth quarter valued at approximately $29,000.

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.