SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $24.96 and last traded at $24.98, with a volume of 68597 shares changing hands. The stock had previously closed at $25.10.
SPDR Portfolio Aggregate Bond ETF Price Performance
The business has a 50-day simple moving average of $25.24 and a 200-day simple moving average of $25.49.
Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF
Hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter worth about $26,000. State Street Corp increased its stake in SPDR Portfolio Aggregate Bond ETF by 103.7% during the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after buying an additional 12,031,034 shares during the period. Main Street Financial Solutions LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $1,227,000. Darwin Wealth Management LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $52,000. Finally, Raymond James Financial Inc. boosted its position in SPDR Portfolio Aggregate Bond ETF by 4.1% in the 2nd quarter. Raymond James Financial Inc. now owns 2,867,808 shares of the company’s stock valued at $73,416,000 after buying an additional 112,303 shares during the period.
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.
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