Stratos Investment Management LLC Buys 85,213 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Stratos Investment Management LLC lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,048,160 shares of the company’s stock after purchasing an additional 85,213 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for about 2.2% of Stratos Investment Management LLC’s portfolio, making the stock its 8th largest position. Stratos Investment Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $52,945,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. FAS Wealth Partners Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth $26,000. Franklin Resources Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF in the second quarter valued at about $26,000. Collier Financial acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at about $32,000. Steward Partners Investment Advisory LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock valued at $33,000 after purchasing an additional 675 shares in the last quarter. Finally, Blue Trust Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth about $44,000.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.3%

SPDR Portfolio Aggregate Bond ETF stock opened at $25.89 on Wednesday. The business has a 50 day moving average of $25.79 and a 200-day moving average of $25.80. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $24.82 and a 1 year high of $26.16.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.082 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend 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.