SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 883,319 shares, an increase of 151.0% from the July 15th total of 351,961 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,711,315 shares, the days-to-cover ratio is currently 0.5 days.
SPDR Portfolio Aggregate Bond ETF Trading Down 0.2%
NYSEARCA:SPAB traded down $0.06 during midday trading on Friday, reaching $25.12. 4,913,949 shares of the stock traded hands, compared to its average volume of 3,349,140. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $25.03 and a 12-month high of $26.17. The business has a 50-day moving average of $25.31 and a two-hundred day moving average of $25.54.
Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF
A number of large investors have recently made changes to their positions in the business. Franklin Resources Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at $26,000. Gould Capital LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth $26,000. Kingdom Financial Group LLC. acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at about $27,000. Johnson Financial Group Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 1st quarter valued at about $27,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the fourth quarter valued at about $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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