SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Update

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,752,008 shares, an increase of 158.2% from the March 15th total of 1,065,967 shares. Based on an average daily trading volume, of 5,667,950 shares, the short-interest ratio is presently 0.5 days. Approximately 0.7% of the shares of the company are short sold.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.1%

NYSEARCA:SPAB opened at $25.62 on Friday. The business’s 50 day moving average is $25.77 and its two-hundred day moving average is $25.83. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.82 and a 52 week high of $26.17.

Institutional Investors Weigh In On SPDR Portfolio Aggregate Bond ETF

Several hedge funds have recently bought and sold shares of SPAB. State Street Corp lifted its stake in SPDR Portfolio Aggregate Bond ETF by 103.7% in the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after acquiring an additional 12,031,034 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter valued at about $180,265,000. LPL Financial LLC grew its stake in SPDR Portfolio Aggregate Bond ETF by 7.0% in the fourth quarter. LPL Financial LLC now owns 23,515,369 shares of the company’s stock valued at $605,521,000 after purchasing an additional 1,545,797 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its stake in SPDR Portfolio Aggregate Bond ETF by 12.1% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock valued at $366,173,000 after purchasing an additional 1,530,403 shares in the last quarter. Finally, Donoghue Forlines LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF in the fourth quarter valued at about $32,772,000.

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.