Flagship Harbor Advisors LLC Has $13.82 Million Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Flagship Harbor Advisors LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 507.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 534,418 shares of the company’s stock after purchasing an additional 446,415 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $13,815,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPAB. FAS Wealth Partners Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at $26,000. Franklin Resources Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF during the second quarter worth $26,000. Steward Partners Investment Advisory LLC increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% in 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 during the last quarter. Blue Trust Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at about $44,000. Finally, Darwin Wealth Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at about $52,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

NYSEARCA SPAB opened at $25.69 on Thursday. The firm has a 50-day moving average of $25.80 and a 200-day moving average of $25.78. 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 disclosed a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.082 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, February 2nd.

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.