SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Trading Up 0.1% – What’s Next?

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) shares rose 0.1% on Thursday . The stock traded as high as $25.09 and last traded at $25.01. Approximately 3,117,627 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 2,623,271 shares. The stock had previously closed at $24.99.

SPDR Portfolio Aggregate Bond ETF Price Performance

The firm’s 50-day simple moving average is $25.28 and its two-hundred day simple moving average is $25.55.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 39.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,808,168 shares of the company’s stock valued at $73,406,000 after purchasing an additional 788,242 shares during the last quarter. Tsfg LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 2.9% in the third quarter. Tsfg LLC now owns 429,954 shares of the company’s stock valued at $11,239,000 after acquiring an additional 12,105 shares during the last quarter. Appleton Partners Inc. MA grew its holdings in SPDR Portfolio Aggregate Bond ETF by 4.0% during the 3rd quarter. Appleton Partners Inc. MA now owns 258,178 shares of the company’s stock worth $6,749,000 after acquiring an additional 9,827 shares during the period. Heartwood Wealth Advisors LLC grew its holdings in SPDR Portfolio Aggregate Bond ETF by 1.0% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 916,564 shares of the company’s stock worth $23,959,000 after acquiring an additional 9,217 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 7.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 818,226 shares of the company’s stock valued at $20,529,000 after acquiring an additional 54,427 shares during the last quarter.

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.