Moneta Group Investment Advisors LLC Buys 401,310 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Moneta Group Investment Advisors LLC grew its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 95.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 821,788 shares of the company’s stock after buying an additional 401,310 shares during the quarter. Moneta Group Investment Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $21,243,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SPAB. FAS Wealth Partners Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at approximately $26,000. Franklin Resources Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter worth approximately $26,000. Bare Financial Services Inc bought a new stake in SPDR Portfolio Aggregate Bond ETF during the third quarter worth approximately $32,000. Collier Financial acquired a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter valued at approximately $32,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in SPDR Portfolio Aggregate Bond ETF by 113.3% during 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.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA:SPAB opened at $25.67 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.82 and a 12 month high of $26.17. The company’s 50 day moving average is $25.86 and its 200-day moving average is $25.86.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0832 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, March 2nd. This is a boost 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.