SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Trading Up 0.1% – Time to Buy?

Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) traded up 0.1% during mid-day trading on Thursday . The stock traded as high as $25.09 and last traded at $25.01. 3,117,627 shares traded hands during trading, an increase of 19% from the average session volume of 2,623,271 shares. The stock had previously closed at $24.99.

SPDR Portfolio Aggregate Bond ETF Price Performance

The stock has a 50-day moving average price of $25.28 and a 200 day moving average price of $25.55.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

Large investors have recently added to or reduced their stakes in the company. Virtue Capital Management LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 2.2% in the 3rd quarter. Virtue Capital Management LLC now owns 21,770 shares of the company’s stock valued at $569,000 after buying an additional 470 shares in the last quarter. Waterloo Capital L.P. raised its position in SPDR Portfolio Aggregate Bond ETF by 66.9% in the second quarter. Waterloo Capital L.P. now owns 22,585 shares of the company’s stock worth $567,000 after purchasing an additional 9,050 shares in the last quarter. Flow Traders U.S. LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 75.3% in the third quarter. Flow Traders U.S. LLC now owns 24,954 shares of the company’s stock worth $652,000 after purchasing an additional 10,720 shares in the last quarter. Richardson Financial Services Inc. lifted its stake in SPDR Portfolio Aggregate Bond ETF by 6.2% during the third quarter. Richardson Financial Services Inc. now owns 27,689 shares of the company’s stock worth $696,000 after purchasing an additional 1,610 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 1,411.2% during the third quarter. Farther Finance Advisors LLC now owns 29,152 shares of the company’s stock valued at $762,000 after purchasing an additional 27,223 shares in the last quarter.

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.