SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Sees Large Volume Increase

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 2,813,527 shares traded hands during trading, an increase of 216% from the previous session’s volume of 889,618 shares.The stock last traded at $20.98 and had previously closed at $21.07.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

The firm has a 50-day simple moving average of $21.46 and a two-hundred day simple moving average of $21.39.

Institutional Investors Weigh In On SPDR Portfolio Mortgage Backed Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 68.1% during the 1st quarter. Private Trust Co. NA now owns 32,442 shares of the company’s stock worth $705,000 after purchasing an additional 13,145 shares during the period. NBT Bank N A NY acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 1st quarter valued at about $27,000. Strategic Blueprint LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.0% during the 1st quarter. Strategic Blueprint LLC now owns 50,965 shares of the company’s stock valued at $1,107,000 after acquiring an additional 492 shares during the period. Hexagon Capital Partners LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 28.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 4,981 shares of the company’s stock valued at $108,000 after acquiring an additional 1,105 shares during the period. Finally, Tsfg LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2,326.1% during the 1st quarter. Tsfg LLC now owns 192,053 shares of the company’s stock valued at $4,171,000 after acquiring an additional 184,137 shares during the period.

About SPDR Portfolio Mortgage Backed Bond ETF

(Get Free Report)

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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