SPDR Portfolio Mortgage Backed Bond ETF $SPMB Position Increased by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 5.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,119,180 shares of the company’s stock after acquiring an additional 340,043 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF makes up 1.5% of Benjamin Edwards Inc.’s investment portfolio, making the stock its 5th largest position. Benjamin Edwards Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $137,160,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Financial Engines Advisors L.L.C. increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% in the third quarter. Financial Engines Advisors L.L.C. now owns 186,003,082 shares of the company’s stock valued at $4,173,909,000 after purchasing an additional 1,667,127 shares during the last quarter. State Street Corp increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 45.9% in the second quarter. State Street Corp now owns 5,858,146 shares of the company’s stock valued at $129,465,000 after purchasing an additional 1,843,991 shares during the last quarter. Confluence Investment Management LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% in the fourth quarter. Confluence Investment Management LLC now owns 4,260,018 shares of the company’s stock valued at $95,488,000 after purchasing an additional 37,799 shares during the last quarter. Ameriprise Financial Inc. increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 9.8% in the third quarter. Ameriprise Financial Inc. now owns 3,040,135 shares of the company’s stock valued at $68,095,000 after purchasing an additional 271,777 shares during the last quarter. Finally, CWM LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 4.8% in the fourth quarter. CWM LLC now owns 2,335,864 shares of the company’s stock valued at $52,358,000 after purchasing an additional 108,020 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.3%

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.27 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 52 week low of $21.45 and a 52 week high of $22.87. The firm’s 50 day moving average is $22.46 and its two-hundred day moving average is $22.50.

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.