Raleigh Capital Management Inc. Sells 229,320 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Raleigh Capital Management Inc. decreased its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 88.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 28,987 shares of the company’s stock after selling 229,320 shares during the period. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $749,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth $26,000. FAS Wealth Partners Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth about $26,000. Steward Partners Investment Advisory LLC grew its stake 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 worth $33,000 after purchasing an additional 675 shares during the last quarter. Blue Trust Inc. purchased a new position in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at about $44,000. Finally, Darwin Wealth Management LLC bought a new position in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at approximately $52,000.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.4%

Shares of SPAB stock opened at $25.71 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.16. The business’s 50 day moving average price is $25.81 and its 200-day moving average price is $25.78.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a $0.082 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

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.