SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lessened its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBFree Report) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,203,378 shares of the company’s stock after selling 56,351 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $27,004,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SPMB. Donald L. Hagan LLC lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.2% in the 3rd quarter. Donald L. Hagan LLC now owns 43,114 shares of the company’s stock valued at $967,000 after purchasing an additional 505 shares in the last quarter. Norden Group LLC raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.7% in the third quarter. Norden Group LLC now owns 32,718 shares of the company’s stock valued at $734,000 after buying an additional 538 shares during the last quarter. Strategic Blueprint LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.7% in the third quarter. Strategic Blueprint LLC now owns 84,568 shares of the company’s stock worth $1,898,000 after buying an additional 581 shares in the last quarter. Western Wealth Management LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.4% in the third quarter. Western Wealth Management LLC now owns 174,409 shares of the company’s stock worth $3,914,000 after buying an additional 686 shares in the last quarter. Finally, LexAurum Advisors LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 9.5% during the third quarter. LexAurum Advisors LLC now owns 10,585 shares of the company’s stock worth $238,000 after acquiring an additional 918 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Up 0.1%

Shares of NYSEARCA SPMB opened at $22.82 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.36 and a 12-month high of $22.87. The company has a 50-day moving average of $22.55 and a 200 day moving average of $22.47.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.0715 dividend. This is a boost from SPDR Portfolio Mortgage Backed Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, February 2nd.

SPDR Portfolio Mortgage Backed Bond ETF Profile

(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.

Further Reading

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Institutional Ownership by Quarter for SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB)

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