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

Mueller Wealth LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 761,684 shares of the company’s stock, valued at approximately $19,613,000. SPDR Portfolio Aggregate Bond ETF comprises approximately 16.2% of Mueller Wealth LLC’s portfolio, making the stock its 2nd largest holding. Mueller Wealth LLC owned 0.21% of SPDR Portfolio Aggregate Bond ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Root Financial Partners LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth approximately $94,000. Founders Financial Securities LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth $209,000. BNP Paribas Financial Markets increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.3% during the fourth quarter. BNP Paribas Financial Markets now owns 391,953 shares of the company’s stock worth $10,093,000 after acquiring an additional 19,694 shares in the last quarter. Impact Partnership Wealth LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 10.6% during the fourth quarter. Impact Partnership Wealth LLC now owns 26,916 shares of the company’s stock worth $693,000 after acquiring an additional 2,587 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 2.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 371,719 shares of the company’s stock worth $9,572,000 after acquiring an additional 9,344 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

NYSEARCA SPAB opened at $25.44 on Tuesday. The firm has a 50-day moving average of $25.53 and a 200-day moving average of $25.73. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $25.08 and a 52-week high of $26.17.

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.