Wealthcare Advisory Partners LLC Has $72.05 Million Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Wealthcare Advisory Partners LLC grew its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 11.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,798,135 shares of the company’s stock after acquiring an additional 295,437 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for approximately 1.4% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Wealthcare Advisory Partners LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $72,052,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. State Street Corp boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% during the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after buying an additional 12,031,034 shares during the period. Exchange Traded Concepts LLC bought a new position in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at about $180,265,000. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 12.1% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock valued at $366,173,000 after acquiring an additional 1,530,403 shares during the period. Vestmark Advisory Solutions Inc. lifted its position in SPDR Portfolio Aggregate Bond ETF by 890.1% during the third quarter. Vestmark Advisory Solutions Inc. now owns 890,564 shares of the company’s stock worth $23,021,000 after acquiring an additional 800,621 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the third quarter worth approximately $18,205,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SPAB opened at $25.42 on Friday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.82 and a 12-month high of $26.17. The business has a 50 day moving average of $25.81 and a 200-day moving average of $25.85.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

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