76,055 Shares in SPDR Portfolio Mortgage Backed Bond ETF $SPMB Acquired by Studio Investment Management LLC

Studio Investment Management LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) in the 2nd quarter, Holdings Channel reports. The firm purchased 76,055 shares of the company’s stock, valued at approximately $1,697,000.

A number of other large investors also recently bought and sold shares of SPMB. Kingdom Financial Group LLC. purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at $28,000. Emergent Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth $43,000. Compass Financial Management LLC acquired a new position in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at $43,000. Jim Saulnier & Associates LLC acquired a new position in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at $57,000. Finally, Avant Capital LLC purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter valued at about $62,000.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of NYSEARCA:SPMB opened at $21.87 on Monday. The business has a 50-day moving average of $22.04 and a two-hundred day moving average of $22.25. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.77 and a 12 month high of $22.87.

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.