SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 397,621 shares, a drop of 55.0% from the July 30th total of 883,319 shares. Based on an average daily volume of 5,041,673 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.
SPDR Portfolio Aggregate Bond ETF Trading Down 0.3%
SPDR Portfolio Aggregate Bond ETF stock traded down $0.08 during midday trading on Friday, reaching $25.12. 1,432,265 shares of the company’s stock were exchanged, compared to its average volume of 3,274,492. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $25.03 and a 52 week high of $26.17. The stock’s 50-day simple moving average is $25.25 and its 200 day simple moving average is $25.50.
Institutional Trading of SPDR Portfolio Aggregate Bond ETF
Hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. Gould Capital LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at $26,000. Kingdom Financial Group LLC. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at $27,000. Johnson Financial Group Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 1st quarter valued at $27,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at $29,000.
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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