Sachetta LLC Increases Stock Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Sachetta LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 437.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,246 shares of the company’s stock after purchasing an additional 5,897 shares during the quarter. Sachetta LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $160,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Alesco Advisors LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.2% in the second quarter. Alesco Advisors LLC now owns 94,950 shares of the company’s stock worth $2,098,000 after purchasing an additional 1,100 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 35.9% in the first quarter. Hexagon Capital Partners LLC now owns 6,734 shares of the company’s stock worth $148,000 after purchasing an additional 1,779 shares in the last quarter. Ehrlich Financial Group raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 2.0% in the second quarter. Ehrlich Financial Group now owns 120,886 shares of the company’s stock worth $2,672,000 after purchasing an additional 2,404 shares in the last quarter. Norden Group LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 10.1% in the second quarter. Norden Group LLC now owns 32,180 shares of the company’s stock worth $711,000 after purchasing an additional 2,940 shares in the last quarter. Finally, Belpointe Asset Management LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 27.4% in the second quarter. Belpointe Asset Management LLC now owns 21,179 shares of the company’s stock worth $468,000 after purchasing an additional 4,556 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.1%

SPMB opened at $22.39 on Tuesday. The stock has a fifty day simple moving average of $22.25 and a two-hundred day simple moving average of $21.97. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.20 and a 12-month high of $22.63.

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.