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

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABGet Free Report) shares saw an uptick in trading volume on Friday . 3,712,881 shares changed hands during mid-day trading, an increase of 42% from the previous session’s volume of 2,621,720 shares.The stock last traded at $24.84 and had previously closed at $24.91.

SPDR Portfolio Aggregate Bond ETF Price Performance

The firm’s 50 day moving average price is $24.96 and its 200-day moving average price is $25.03.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ORG Partners LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 116.8% during the fourth quarter. ORG Partners LLC now owns 1,791 shares of the company’s stock valued at $46,000 after purchasing an additional 965 shares during the period. Concourse Financial Group Securities Inc. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 58.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,868 shares of the company’s stock valued at $45,000 after buying an additional 686 shares in the last quarter. Wetzel Investment Advisors Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 4th quarter worth about $70,000. PSI Advisors LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 50.5% during the 1st quarter. PSI Advisors LLC now owns 3,010 shares of the company’s stock valued at $76,000 after acquiring an additional 1,010 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF in the fourth quarter valued at about $202,000.

SPDR Portfolio Aggregate Bond ETF Company Profile

(Get Free Report)

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.

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