Short Interest in SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Drops By 71.4%

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 214,774 shares, a decline of 71.4% from the May 14th total of 750,572 shares. Based on an average daily volume of 844,123 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR Bridgewater All Weather ETF

A number of hedge funds have recently made changes to their positions in ALLW. Independent Wealth Advisors LLC bought a new position in SPDR Bridgewater All Weather ETF in the 1st quarter worth approximately $455,000. Hobbs Group Advisors LLC grew its stake in shares of SPDR Bridgewater All Weather ETF by 2.2% in the first quarter. Hobbs Group Advisors LLC now owns 221,239 shares of the company’s stock worth $6,383,000 after purchasing an additional 4,755 shares in the last quarter. Western Wealth Management LLC increased its holdings in shares of SPDR Bridgewater All Weather ETF by 17.3% during the first quarter. Western Wealth Management LLC now owns 31,437 shares of the company’s stock valued at $907,000 after purchasing an additional 4,635 shares during the period. Paragon Private Wealth Management LLC raised its stake in shares of SPDR Bridgewater All Weather ETF by 89.7% during the first quarter. Paragon Private Wealth Management LLC now owns 15,049 shares of the company’s stock valued at $434,000 after purchasing an additional 7,118 shares in the last quarter. Finally, Family Manage LLC lifted its holdings in SPDR Bridgewater All Weather ETF by 5.1% in the first quarter. Family Manage LLC now owns 316,581 shares of the company’s stock worth $9,133,000 after purchasing an additional 15,489 shares during the period.

SPDR Bridgewater All Weather ETF Stock Up 0.7%

NASDAQ ALLW traded up $0.21 during trading hours on Thursday, hitting $29.16. The company had a trading volume of 22,313 shares, compared to its average volume of 796,943. The firm has a market cap of $1.26 billion, a P/E ratio of 19.42 and a beta of 0.32. SPDR Bridgewater All Weather ETF has a fifty-two week low of $25.71 and a fifty-two week high of $30.33. The business has a fifty day simple moving average of $29.73 and a 200-day simple moving average of $29.16.

SPDR Bridgewater All Weather ETF Company Profile

The SPDR Bridgewater All Weather ETF (ALLW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund utilizes Bridgewaters All Weather strategy, diversifying across asset classes to manage risk and optimize returns in varying market conditions. The fund aims for long-term capital growth ALLW was launched on Mar 5, 2025 and is issued by State Street.