Axxcess Wealth Management LLC Cuts Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Axxcess Wealth Management LLC reduced its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 84.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 18,227 shares of the company’s stock after selling 97,132 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $471,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% in the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock valued at $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 during the third quarter worth about $180,265,000. Cliftonlarsonallen Wealth Advisors LLC lifted its position 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 during the period. Cerity Partners LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 5.8% in the 2nd quarter. Cerity Partners LLC now owns 10,533,231 shares of the company’s stock valued at $269,651,000 after purchasing an additional 573,590 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in SPDR Portfolio Aggregate Bond ETF by 15.2% during the 2nd quarter. Osaic Holdings Inc. now owns 4,285,967 shares of the company’s stock worth $109,709,000 after purchasing an additional 565,337 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB stock opened at $26.02 on Monday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.82 and a 12-month high of $26.16. The stock has a 50 day simple moving average of $25.82 and a 200-day simple moving average of $25.83.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

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

About SPDR Portfolio Aggregate Bond ETF

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.