Choreo LLC Has $13.89 Million Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Choreo LLC lowered its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 6.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 537,144 shares of the company’s stock after selling 37,020 shares during the period. Choreo LLC owned 0.16% of SPDR Portfolio Aggregate Bond ETF worth $13,885,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPAB. FAS Wealth Partners Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth $26,000. Franklin Resources Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF during the second quarter worth $26,000. Collier Financial bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter valued at $32,000. Bare Financial Services Inc acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at about $32,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock worth $33,000 after acquiring an additional 675 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPAB opened at $26.09 on Friday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.16. The company’s 50-day moving average is $25.85 and its 200 day moving average is $25.84.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.082 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd.

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.