Hobbs Group Advisors LLC Cuts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Hobbs Group Advisors LLC trimmed its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 7.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 51,469 shares of the company’s stock after selling 4,027 shares during the quarter. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,137,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Hexagon Capital Partners LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 35.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 6,734 shares of the company’s stock valued at $148,000 after acquiring an additional 1,779 shares during the last quarter. Sachetta LLC boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 437.1% during the 2nd quarter. Sachetta LLC now owns 7,246 shares of the company’s stock worth $160,000 after acquiring an additional 5,897 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 101.0% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 13,330 shares of the company’s stock worth $294,000 after acquiring an additional 6,697 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 1st quarter worth $446,000. Finally, Belpointe Asset Management LLC boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 27.4% during the 2nd quarter. Belpointe Asset Management LLC now owns 21,179 shares of the company’s stock worth $468,000 after acquiring an additional 4,556 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.5%

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.51 on Friday. The company’s fifty day simple moving average is $22.29 and its 200-day simple moving average is $21.99. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.63.

SPDR Portfolio Mortgage Backed Bond ETF Company Profile

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund tracks an index of US agency mortgage pass-through debt. SPMB was launched on Jan 15, 2009 and is managed by State Street.