SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Unusually-High Trading Volume

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) shares saw unusually-high trading volume on Friday . Approximately 3,712,881 shares were traded during trading, an increase of 42% from the previous session’s volume of 2,621,720 shares.The stock last traded at $24.84 and had previously closed at $24.91.

SPDR Portfolio Aggregate Bond ETF Stock Performance

The company’s fifty day simple moving average is $24.96 and its two-hundred day simple moving average is $25.01.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Pinnacle Wealth Planning Services Inc. increased its holdings in SPDR Portfolio Aggregate Bond ETF by 4.3% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 574,798 shares of the company’s stock worth $14,531,000 after buying an additional 23,684 shares during the last quarter. Towercrest Capital Management increased its holdings in SPDR Portfolio Aggregate Bond ETF by 1.5% during the first quarter. Towercrest Capital Management now owns 378,576 shares of the company’s stock worth $9,570,000 after buying an additional 5,656 shares during the last quarter. AMJ Financial Wealth Management increased its holdings in SPDR Portfolio Aggregate Bond ETF by 20.7% during the first quarter. AMJ Financial Wealth Management now owns 11,768 shares of the company’s stock worth $297,000 after buying an additional 2,016 shares during the last quarter. USAdvisors Wealth Management LLC increased its holdings in SPDR Portfolio Aggregate Bond ETF by 16.3% during the first quarter. USAdvisors Wealth Management LLC now owns 160,674 shares of the company’s stock worth $4,071,000 after buying an additional 22,568 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in SPDR Portfolio Aggregate Bond ETF during the first quarter worth about $8,198,000.

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.