Prime Capital Investment Advisors LLC Sells 557,474 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Prime Capital Investment Advisors LLC trimmed its stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 94.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,551 shares of the company’s stock after selling 557,474 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $786,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of SPMB. Confluence Investment Management LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 13.6% during the 2nd quarter. Confluence Investment Management LLC now owns 4,727,616 shares of the company’s stock worth $104,480,000 after acquiring an additional 566,093 shares during the period. Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 9.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,654,235 shares of the company’s stock worth $58,530,000 after purchasing an additional 227,244 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter valued at about $17,625,000. ST Germain D J Co. Inc. boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 2.1% in the 2nd quarter. ST Germain D J Co. Inc. now owns 644,810 shares of the company’s stock valued at $14,250,000 after purchasing an additional 13,008 shares during the period. Finally, Signet Financial Management LLC grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 2.3% during the second quarter. Signet Financial Management LLC now owns 566,011 shares of the company’s stock worth $12,509,000 after buying an additional 12,560 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPMB stock opened at $22.40 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.63. The company’s 50 day moving average is $22.28 and its 200 day moving average is $21.98.

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.