GM Advisory Group LLC Has $43.67 Million Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

GM Advisory Group LLC grew its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 2.4% in the 3rd quarter, Holdings Channel reports. The fund owned 1,689,323 shares of the company’s stock after purchasing an additional 39,763 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for 1.9% of GM Advisory Group LLC’s portfolio, making the stock its 12th biggest position. GM Advisory Group LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $43,669,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Avantax Advisory Services Inc. lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1.2% during the 2nd quarter. Avantax Advisory Services Inc. now owns 245,931 shares of the company’s stock valued at $6,296,000 after purchasing an additional 3,003 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in SPDR Portfolio Aggregate Bond ETF by 0.5% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 791,713 shares of the company’s stock worth $20,268,000 after purchasing an additional 3,873 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its holdings in SPDR Portfolio Aggregate Bond ETF by 2.4% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 791,983 shares of the company’s stock worth $20,275,000 after buying an additional 18,678 shares during the period. United Advisor Group LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 242.2% during the 2nd quarter. United Advisor Group LLC now owns 32,204 shares of the company’s stock worth $824,000 after buying an additional 22,792 shares during the period. Finally, Rockbridge Investment Management LCC lifted its stake in SPDR Portfolio Aggregate Bond ETF by 0.7% in the second quarter. Rockbridge Investment Management LCC now owns 434,268 shares of the company’s stock valued at $11,117,000 after buying an additional 2,903 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

Shares of SPAB opened at $25.72 on Wednesday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.82 and a twelve month high of $26.17. The firm’s 50 day moving average price is $25.86 and its two-hundred day moving average price is $25.86.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.0832 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%. This is an increase from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08.

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.