Jacobi Capital Management LLC Buys 275,597 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Jacobi Capital Management LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 120.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 503,599 shares of the company’s stock after buying an additional 275,597 shares during the quarter. SPDR Portfolio Aggregate Bond ETF makes up approximately 0.8% of Jacobi Capital Management LLC’s portfolio, making the stock its 19th biggest position. Jacobi Capital Management LLC owned 0.15% of SPDR Portfolio Aggregate Bond ETF worth $13,018,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SPAB. FAS Wealth Partners Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth approximately $26,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth $26,000. Collier Financial bought a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter worth $32,000. Steward Partners Investment Advisory LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 113.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock valued at $33,000 after buying an additional 675 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $52,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $26.05 on Wednesday. The business has a 50-day moving average price of $25.81 and a two-hundred day moving average price of $25.82. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $24.82 and a 1-year high of $26.16.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

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

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.