Stewardship Advisors LLC Reduces Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Stewardship Advisors LLC lessened its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 26.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 438,992 shares of the company’s stock after selling 161,625 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for approximately 2.6% of Stewardship Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Stewardship Advisors LLC owned about 0.12% of SPDR Portfolio Aggregate Bond ETF worth $11,304,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SPAB. State Street Corp lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% during the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock valued at $605,024,000 after buying an additional 12,031,034 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 12.1% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock worth $366,173,000 after buying an additional 1,530,403 shares during the last quarter. Cerity Partners LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.1% in the 3rd quarter. Cerity Partners LLC now owns 11,074,917 shares of the company’s stock worth $286,287,000 after buying an additional 541,686 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 1.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 7,081,541 shares of the company’s stock worth $182,350,000 after acquiring an additional 108,031 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 15.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,285,967 shares of the company’s stock worth $109,709,000 after acquiring an additional 565,337 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA:SPAB opened at $25.55 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.82 and a 52 week high of $26.17. The firm has a 50 day moving average of $25.80 and a 200 day moving average of $25.85.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

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

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.