SPDR Portfolio Mortgage Backed Bond ETF $SPMB Stake Boosted by Financial Life Advisors

Financial Life Advisors grew its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 24.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,300,999 shares of the company’s stock after purchasing an additional 259,619 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF makes up about 8.3% of Financial Life Advisors’ investment portfolio, making the stock its 4th largest holding. Financial Life Advisors owned approximately 0.41% of SPDR Portfolio Mortgage Backed Bond ETF worth $29,025,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TMB Capital Partners LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter worth $964,000. Leicht Financial Planning & Wealth Management Inc. raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 7.5% during the fourth quarter. Leicht Financial Planning & Wealth Management Inc. now owns 916,454 shares of the company’s stock valued at $20,542,000 after acquiring an additional 64,163 shares during the period. CacheTech Inc. raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 29.1% during the first quarter. CacheTech Inc. now owns 106,495 shares of the company’s stock valued at $2,384,000 after acquiring an additional 24,020 shares during the period. LPL Financial LLC lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% in the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after acquiring an additional 1,974,582 shares in the last quarter. Finally, 93 Financial Group LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at about $16,956,000.

SPDR Portfolio Mortgage Backed Bond ETF Stock Down 0.1%

NYSEARCA SPMB opened at $21.97 on Tuesday. The business has a 50-day moving average price of $22.08 and a 200-day moving average price of $22.28. SPDR Portfolio Mortgage Backed Bond ETF has a twelve month low of $21.88 and a twelve month high of $22.87.

SPDR Portfolio Mortgage Backed Bond ETF 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.