Barden Capital Management Inc. Purchases 20,274 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Barden Capital Management Inc. lifted its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 187,491 shares of the company’s stock after purchasing an additional 20,274 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for approximately 4.0% of Barden Capital Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Barden Capital Management Inc. owned approximately 0.05% of SPDR Portfolio Aggregate Bond ETF worth $4,828,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SPAB. JBR Co Financial Management Inc boosted its stake in SPDR Portfolio Aggregate Bond ETF by 23.7% in the 4th quarter. JBR Co Financial Management Inc now owns 100,915 shares of the company’s stock valued at $2,599,000 after purchasing an additional 19,336 shares during the period. CGN Advisors LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 0.4% during the 4th quarter. CGN Advisors LLC now owns 114,909 shares of the company’s stock worth $2,959,000 after buying an additional 495 shares during the period. Rosenberg Matthew Hamilton increased its position in SPDR Portfolio Aggregate Bond ETF by 26.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 4,163 shares of the company’s stock worth $107,000 after buying an additional 879 shares during the period. Narus Financial Partners LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 6.8% during the third quarter. Narus Financial Partners LLC now owns 30,643 shares of the company’s stock worth $792,000 after buying an additional 1,949 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 3.6% during the third quarter. IFP Advisors Inc now owns 131,134 shares of the company’s stock worth $3,390,000 after buying an additional 4,541 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $25.65 on Friday. The firm has a 50-day moving average of $25.85 and a 200-day moving average of $25.86. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.82 and a 52-week high of $26.17.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0832 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is an increase from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08.

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.