SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 351,961 shares, a decline of 43.1% from the June 30th total of 618,042 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,656,290 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Investors Weigh In On SPDR Portfolio Aggregate Bond ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth approximately $26,000. Gould Capital LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth $26,000. Kingdom Financial Group LLC. bought a new position in SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at $27,000. Johnson Financial Group Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at $27,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at $29,000.
SPDR Portfolio Aggregate Bond ETF Stock Performance
Shares of NYSEARCA:SPAB traded down $0.07 during midday trading on Wednesday, reaching $25.18. The company’s stock had a trading volume of 769,685 shares, compared to its average volume of 3,224,152. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $25.07 and a fifty-two week high of $26.17. The business’s fifty day simple moving average is $25.38 and its 200-day simple moving average is $25.60.
SPDR Portfolio Aggregate Bond ETF Company 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.
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