SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sets New 52-Week High – Time to Buy?

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABGet Free Report)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $26.16 and last traded at $26.1550, with a volume of 708378 shares. The stock had previously closed at $26.09.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.3%

The firm has a fifty day moving average price of $25.85 and a 200-day moving average price of $25.84.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.082 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. FAS Wealth Partners Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the third quarter worth about $26,000. Franklin Resources Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. Gould Capital LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth approximately $26,000. Kingdom Financial Group LLC. purchased a new position in SPDR Portfolio Aggregate Bond ETF in the fourth quarter valued at approximately $27,000. Finally, Godfrey Financial Associates Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF during the fourth quarter valued at $29,000.

About SPDR Portfolio Aggregate Bond ETF

(Get Free Report)

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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