Kingsview Wealth Management LLC Raises Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Kingsview Wealth Management LLC grew its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 11.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,312,282 shares of the company’s stock after purchasing an additional 229,949 shares during the period. SPDR Portfolio Aggregate Bond ETF comprises about 0.9% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Kingsview Wealth Management LLC owned 0.67% of SPDR Portfolio Aggregate Bond ETF worth $59,772,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SPAB. Kelman Lazarov Inc. boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 57.4% during the third quarter. Kelman Lazarov Inc. now owns 43,765 shares of the company’s stock valued at $1,131,000 after buying an additional 15,968 shares during the last quarter. Arete Wealth Advisors LLC lifted its stake in SPDR Portfolio Aggregate Bond ETF by 3.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 1,127,266 shares of the company’s stock valued at $29,136,000 after acquiring an additional 41,713 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 42.5% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 147,058 shares of the company’s stock valued at $3,801,000 after acquiring an additional 43,841 shares during the last quarter. IAG Wealth Partners LLC grew its stake in shares of SPDR Portfolio Aggregate Bond ETF by 11.8% in the third quarter. IAG Wealth Partners LLC now owns 254,973 shares of the company’s stock worth $6,591,000 after acquiring an additional 26,853 shares during the period. Finally, Bare Financial Services Inc purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at approximately $32,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $26.16 on Monday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.82 and a twelve month high of $26.17. The company’s 50 day moving average is $25.85 and its 200 day moving average is $25.84.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be issued a $0.0832 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.