SPDR Portfolio Aggregate Bond ETF $SPAB Stock Position Raised by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lifted its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 25.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 387,189 shares of the company’s stock after buying an additional 77,920 shares during the quarter. SPDR Portfolio Aggregate Bond ETF comprises 1.4% of Gateway Wealth Partners LLC’s investment portfolio, making the stock its 12th largest holding. Gateway Wealth Partners LLC owned 0.11% of SPDR Portfolio Aggregate Bond ETF worth $10,009,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPAB. State Street Corp raised its holdings in shares of 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 valued at $605,024,000 after purchasing an additional 12,031,034 shares in the last quarter. Exchange Traded Concepts LLC bought a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter valued at about $180,265,000. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 12.1% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock valued at $366,173,000 after buying an additional 1,530,403 shares in the last quarter. CWM LLC lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 7.1% in the second quarter. CWM LLC now owns 17,087,709 shares of the company’s stock worth $437,445,000 after buying an additional 1,132,620 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 70.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,436,425 shares of the company’s stock worth $36,772,000 after acquiring an additional 595,173 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA SPAB opened at $25.82 on Friday. The business’s 50-day simple moving average is $25.79 and its 200-day simple moving average is $25.79. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.82 and a 52 week high of $26.16.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.082 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.