SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Unusually-High Trading Volume

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) shares saw unusually-strong trading volume on Tuesday . Approximately 4,732,554 shares were traded during trading, an increase of 78% from the previous session’s volume of 2,664,339 shares.The stock last traded at $24.71 and had previously closed at $24.65.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.2 %

The firm’s 50-day simple moving average is $25.06 and its 200 day simple moving average is $24.96.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Several institutional investors have recently modified their holdings of SPAB. Concourse Financial Group Securities Inc. boosted its stake in SPDR Portfolio Aggregate Bond ETF by 58.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,868 shares of the company’s stock worth $45,000 after acquiring an additional 686 shares during the last quarter. ORG Partners LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 116.8% in the fourth quarter. ORG Partners LLC now owns 1,791 shares of the company’s stock worth $46,000 after purchasing an additional 965 shares during the period. Wetzel Investment Advisors Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth $70,000. OLD Second National Bank of Aurora boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 35.8% during the third quarter. OLD Second National Bank of Aurora now owns 3,325 shares of the company’s stock worth $81,000 after purchasing an additional 876 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at $202,000.

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.