SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Hits New 1-Year Low – Here’s Why

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $24.67 and last traded at $24.6550, with a volume of 223052 shares trading hands. The stock had previously closed at $24.81.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.9%

The business’s 50-day moving average is $25.06 and its two-hundred day moving average is $25.36.

Institutional Investors Weigh In On SPDR Portfolio Aggregate Bond ETF

A number of large investors have recently modified their holdings of the stock. Cahill Financial Advisors Inc. raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 5.4% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 135,518 shares of the company’s stock valued at $3,458,000 after buying an additional 6,971 shares during the period. Capital Analysts LLC lifted its position in SPDR Portfolio Aggregate Bond ETF by 8.0% during the 2nd quarter. Capital Analysts LLC now owns 485,740 shares of the company’s stock worth $12,396,000 after acquiring an additional 35,795 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 473.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 398,509 shares of the company’s stock worth $10,170,000 after acquiring an additional 329,019 shares during the period. RFG Advisory LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 2.6% in the 2nd quarter. RFG Advisory LLC now owns 359,861 shares of the company’s stock worth $9,184,000 after acquiring an additional 9,163 shares during the period. Finally, IFP Advisors Inc boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 25.1% in the 2nd quarter. IFP Advisors Inc now owns 243,819 shares of the company’s stock worth $6,222,000 after acquiring an additional 48,975 shares during the period.

SPDR Portfolio Aggregate Bond ETF Company Profile

(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.

Recommended Stories

Receive News & Ratings for SPDR Portfolio Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.