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

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) saw strong trading volume on Tuesday . 4,367,542 shares changed hands during trading, an increase of 67% from the previous session’s volume of 2,618,422 shares.The stock last traded at $26.17 and had previously closed at $26.19.

SPDR Portfolio Aggregate Bond ETF Price Performance

The business has a 50-day moving average of $25.84 and a 200-day moving average of $25.30.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Several large investors have recently modified their holdings of SPAB. Certified Advisory Corp increased its stake in shares of SPDR Portfolio Aggregate Bond ETF by 3.1% during the 2nd quarter. Certified Advisory Corp now owns 203,174 shares of the company’s stock valued at $5,098,000 after acquiring an additional 6,055 shares during the last quarter. Waterloo Capital L.P. lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 66.9% in the 2nd quarter. Waterloo Capital L.P. now owns 22,585 shares of the company’s stock worth $567,000 after buying an additional 9,050 shares in the last quarter. Parallel Advisors LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 6.6% in the second quarter. Parallel Advisors LLC now owns 163,152 shares of the company’s stock valued at $4,093,000 after purchasing an additional 10,077 shares during the last quarter. Cahill Financial Advisors Inc. grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.0% during the second quarter. Cahill Financial Advisors Inc. now owns 112,087 shares of the company’s stock worth $2,812,000 after buying an additional 5,384 shares in the last quarter. Finally, Towercrest Capital Management increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 1.1% in the 2nd quarter. Towercrest Capital Management now owns 382,848 shares of the company’s stock worth $9,606,000 after purchasing an additional 4,272 shares during the last quarter.

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.