Cvfg LLC Buys 19,545 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Cvfg LLC increased its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 17.7% in the third quarter, Holdings Channel reports. The firm owned 130,212 shares of the company’s stock after buying an additional 19,545 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for approximately 2.4% of Cvfg LLC’s holdings, making the stock its 14th biggest holding. Cvfg LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $3,366,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 103.7% during the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after buying an additional 12,031,034 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 12.1% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock valued at $366,173,000 after acquiring an additional 1,530,403 shares during the period. Cerity Partners LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 5.1% during the 3rd quarter. Cerity Partners LLC now owns 11,074,917 shares of the company’s stock worth $286,287,000 after acquiring an additional 541,686 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter valued at approximately $180,265,000. Finally, Osaic Holdings Inc. increased its stake in SPDR Portfolio Aggregate Bond ETF by 15.2% in the second quarter. Osaic Holdings Inc. now owns 4,285,967 shares of the company’s stock valued at $109,709,000 after purchasing an additional 565,337 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA SPAB opened at $26.08 on Tuesday. The company’s fifty day moving average is $25.83 and its 200-day moving average is $25.83. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.82 and a twelve month 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 dividend of $0.082 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

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.