Kingsview Wealth Management LLC Grows Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Kingsview Wealth Management LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 11.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,312,282 shares of the company’s stock after buying an additional 229,949 shares during the period. SPDR Portfolio Aggregate Bond ETF makes up about 0.9% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 22nd largest position. Kingsview Wealth Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $59,772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Kelman Lazarov Inc. increased its holdings in SPDR Portfolio Aggregate Bond ETF by 57.4% during the third quarter. Kelman Lazarov Inc. now owns 43,765 shares of the company’s stock valued at $1,131,000 after buying an additional 15,968 shares during the last quarter. Arete Wealth Advisors LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 3.8% during the 3rd quarter. Arete Wealth Advisors LLC now owns 1,127,266 shares of the company’s stock valued at $29,136,000 after acquiring an additional 41,713 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of SPDR Portfolio Aggregate Bond ETF by 42.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 147,058 shares of the company’s stock worth $3,801,000 after purchasing an additional 43,841 shares in the last quarter. IAG Wealth Partners LLC increased its stake in shares of SPDR Portfolio Aggregate Bond ETF by 11.8% in the 3rd quarter. IAG Wealth Partners LLC now owns 254,973 shares of the company’s stock worth $6,591,000 after purchasing an additional 26,853 shares in the last quarter. Finally, Bare Financial Services Inc bought a new position in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth $32,000.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.3%

NYSEARCA SPAB opened at $26.16 on Monday. The business’s fifty day moving average is $25.85 and its 200 day moving average is $25.84. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.17.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.0832 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, March 2nd. This is an increase from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08.

SPDR Portfolio Aggregate Bond ETF 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.