SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sets New 52-Week Low – Here’s What Happened

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $25.07 and last traded at $25.08, with a volume of 5446529 shares trading hands. The stock had previously closed at $25.16.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.4%

The business has a 50 day simple moving average of $25.37 and a 200-day simple moving average of $25.59.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Brookwood Investment Group LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 4.2% in the fourth quarter. Brookwood Investment Group LLC now owns 9,719 shares of the company’s stock worth $250,000 after acquiring an additional 389 shares in the last quarter. Rossby Financial LCC lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 43.5% in the fourth quarter. Rossby Financial LCC now owns 1,293 shares of the company’s stock valued at $33,000 after purchasing an additional 392 shares during the period. Gould Capital LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 44.0% during the fourth quarter. Gould Capital LLC now owns 1,440 shares of the company’s stock worth $37,000 after buying an additional 440 shares in the last quarter. Garrett Wealth Advisory Group LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 2.7% during the fourth quarter. Garrett Wealth Advisory Group LLC now owns 19,326 shares of the company’s stock worth $498,000 after buying an additional 516 shares in the last quarter. Finally, Visionary Wealth Advisors grew its position in SPDR Portfolio Aggregate Bond ETF by 1.0% during the second quarter. Visionary Wealth Advisors now owns 54,919 shares of the company’s stock worth $1,406,000 after buying an additional 558 shares during the period.

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.