SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Large Increase in Short Interest

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 618,042 shares, a growth of 115.9% from the June 15th total of 286,238 shares. Based on an average daily volume of 2,017,212 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Several hedge funds have recently modified their holdings of SPAB. Leading Edge Financial Planning LLC grew its stake in SPDR Portfolio Aggregate Bond ETF by 10.3% in the 4th quarter. Leading Edge Financial Planning LLC now owns 1,005,213 shares of the company’s stock valued at $25,884,000 after purchasing an additional 94,276 shares during the period. Aspire Private Capital LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 12.8% during the 4th quarter. Aspire Private Capital LLC now owns 769,496 shares of the company’s stock worth $19,815,000 after purchasing an additional 87,344 shares during the period. GM Advisory Group LLC boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 2.4% in the 3rd quarter. GM Advisory Group LLC now owns 1,689,323 shares of the company’s stock worth $43,669,000 after buying an additional 39,763 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 90.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 196,147 shares of the company’s stock worth $5,051,000 after buying an additional 93,213 shares during the last quarter. Finally, Raleigh Capital Management Inc. grew its position in SPDR Portfolio Aggregate Bond ETF by 141.2% during the fourth quarter. Raleigh Capital Management Inc. now owns 69,923 shares of the company’s stock valued at $1,801,000 after buying an additional 40,936 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPDR Portfolio Aggregate Bond ETF stock opened at $25.30 on Friday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $25.14 and a fifty-two week high of $26.17. The firm’s 50-day simple moving average is $25.41 and its 200 day simple moving average is $25.63.

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.