Mueller Wealth LLC Invests $19.61 Million in SPDR Portfolio Aggregate Bond ETF $SPAB

Mueller Wealth LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 761,684 shares of the company’s stock, valued at approximately $19,613,000. SPDR Portfolio Aggregate Bond ETF accounts for approximately 16.2% of Mueller Wealth LLC’s portfolio, making the stock its 2nd largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brookwood Investment Group LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 4.2% during the 4th quarter. Brookwood Investment Group LLC now owns 9,719 shares of the company’s stock valued at $250,000 after purchasing an additional 389 shares during the last quarter. CGN Advisors LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 0.4% in the 4th quarter. CGN Advisors LLC now owns 114,909 shares of the company’s stock valued at $2,959,000 after purchasing an additional 495 shares during the last quarter. Garrett Wealth Advisory Group LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 2.7% in the 4th quarter. Garrett Wealth Advisory Group LLC now owns 19,326 shares of the company’s stock valued at $498,000 after purchasing an additional 516 shares during the last quarter. USAdvisors Wealth Management LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 0.8% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 69,847 shares of the company’s stock valued at $1,805,000 after purchasing an additional 530 shares during the last quarter. Finally, Snider Financial Group boosted its stake in SPDR Portfolio Aggregate Bond ETF by 2.5% during the third quarter. Snider Financial Group now owns 21,953 shares of the company’s stock worth $567,000 after acquiring an additional 534 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPAB opened at $25.44 on Tuesday. The company’s fifty day moving average price is $25.53 and its two-hundred day moving average price is $25.73. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $25.08 and a 1-year high of $26.17.

SPDR Portfolio Aggregate Bond ETF 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.