Detalus Advisors LLC reduced its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 74.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,573 shares of the company’s stock after selling 244,295 shares during the quarter. Detalus Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nwam LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth about $2,464,000. TMB Capital Partners LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter worth approximately $964,000. Symphony Financial Ltd. Co. bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth $13,199,000. CacheTech Inc. boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 29.1% in the first quarter. CacheTech Inc. now owns 106,495 shares of the company’s stock worth $2,384,000 after acquiring an additional 24,020 shares during the period. Finally, Rinkey Investments bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth approximately $1,359,000.
SPDR Portfolio Mortgage Backed Bond ETF Stock Performance
Shares of NYSEARCA:SPMB opened at $21.39 on Friday. The firm has a fifty day moving average price of $21.63 and a 200 day moving average price of $22.02. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $20.92 and a fifty-two week high of $22.87.
About SPDR Portfolio Mortgage Backed Bond ETF
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.
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