WealthPLAN Partners LLC Takes $10.13 Million Position in SPDR Lehman Aggregate Bond (SPAB)

WealthPLAN Partners LLC acquired a new stake in SPDR Lehman Aggregate Bond (NYSEARCA:SPAB) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 359,743 shares of the company’s stock, valued at approximately $10,130,000. SPDR Lehman Aggregate Bond makes up about 2.2% of WealthPLAN Partners LLC’s portfolio, making the stock its 4th biggest holding. WealthPLAN Partners LLC owned 0.35% of SPDR Lehman Aggregate Bond as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPAB. ARGI Investment Services LLC purchased a new position in SPDR Lehman Aggregate Bond during the 1st quarter valued at $83,109,000. Baker Avenue Asset Management LP acquired a new stake in SPDR Lehman Aggregate Bond in the first quarter worth approximately $26,023,000. Focused Wealth Management Inc acquired a new stake in shares of SPDR Lehman Aggregate Bond during the 1st quarter valued at $20,936,000. FormulaFolio Investments LLC acquired a new stake in shares of SPDR Lehman Aggregate Bond during the 1st quarter valued at $20,438,000. Finally, Wells Fargo & Company MN acquired a new stake in shares of SPDR Lehman Aggregate Bond during the 1st quarter valued at $13,303,000.

Shares of NYSEARCA:SPAB traded up $0.01 on Thursday, reaching $27.76. 357 shares of the company traded hands, compared to its average volume of 826,904. SPDR Lehman Aggregate Bond has a fifty-two week low of $27.57 and a fifty-two week high of $29.13.

The company also recently announced a monthly dividend, which was paid on Thursday, June 7th. Shareholders of record on Monday, June 4th were paid a dividend of $0.0685 per share. This is an increase from SPDR Lehman Aggregate Bond’s previous monthly dividend of $0.07. This represents a $0.82 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend was Friday, June 1st.

Institutional Ownership by Quarter for SPDR Lehman Aggregate Bond (NYSEARCA:SPAB)

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