SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Strong Trading Volume

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) shares saw strong trading volume on Tuesday . 4,732,554 shares were traded during trading, an increase of 78% from the previous session’s volume of 2,664,339 shares.The stock last traded at $24.71 and had previously closed at $24.65.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.4 %

The firm has a fifty day moving average of $25.05 and a 200-day moving average of $24.97.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Institutional investors have recently made changes to their positions in the stock. NYL Investors LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 0.7% in the third quarter. NYL Investors LLC now owns 123,100 shares of the company’s stock worth $2,996,000 after acquiring an additional 900 shares during the last quarter. Towercrest Capital Management raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 6.3% in the third quarter. Towercrest Capital Management now owns 380,462 shares of the company’s stock worth $9,260,000 after acquiring an additional 22,672 shares during the last quarter. Tennessee Valley Asset Management Partners raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 13.4% in the fourth quarter. Tennessee Valley Asset Management Partners now owns 253,507 shares of the company’s stock worth $6,500,000 after acquiring an additional 29,970 shares during the last quarter. OLD Second National Bank of Aurora raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 35.8% in the third quarter. OLD Second National Bank of Aurora now owns 3,325 shares of the company’s stock worth $81,000 after acquiring an additional 876 shares during the last quarter. Finally, Tsfg LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the fourth quarter valued at $372,000.

SPDR Portfolio Aggregate Bond ETF Company 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.