MidWestOne Financial Group Inc. Has $12.69 Million Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

MidWestOne Financial Group Inc. grew its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 12.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 490,947 shares of the company’s stock after acquiring an additional 54,454 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for approximately 1.5% of MidWestOne Financial Group Inc.’s investment portfolio, making the stock its 11th biggest position. MidWestOne Financial Group Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $12,691,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Blair William & Co. IL grew its position in SPDR Portfolio Aggregate Bond ETF by 21.0% during the second quarter. Blair William & Co. IL now owns 10,091 shares of the company’s stock worth $258,000 after buying an additional 1,751 shares in the last quarter. Blue Trust Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at $44,000. Concurrent Investment Advisors LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at $237,000. Harbour Investments Inc. grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 117.6% during the 2nd quarter. Harbour Investments Inc. now owns 78,865 shares of the company’s stock worth $2,019,000 after purchasing an additional 42,617 shares in the last quarter. Finally, Mutual Advisors LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 6.3% in the second quarter. Mutual Advisors LLC now owns 31,736 shares of the company’s stock worth $806,000 after purchasing an additional 1,869 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SPAB opened at $26.05 on Friday. The firm has a 50 day moving average of $25.80 and a 200-day moving average of $25.80. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.82 and a 12 month high of $26.16.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

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

SPDR Portfolio Aggregate Bond ETF Profile

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.