Ashton Thomas Private Wealth LLC Makes New Investment in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Ashton Thomas Private Wealth LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 52,637 shares of the company’s stock, valued at approximately $1,181,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Osaic Holdings Inc. lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 82.2% during the second quarter. Osaic Holdings Inc. now owns 225,714 shares of the company’s stock worth $4,984,000 after purchasing an additional 101,830 shares during the last quarter. Bristlecone Advisors LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the third quarter worth approximately $1,009,000. Baird Financial Group Inc. lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 12.8% during the 2nd quarter. Baird Financial Group Inc. now owns 310,301 shares of the company’s stock worth $6,858,000 after buying an additional 35,330 shares during the last quarter. Altfest L J & Co. Inc. boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.8% in the 3rd quarter. Altfest L J & Co. Inc. now owns 831,705 shares of the company’s stock valued at $18,663,000 after buying an additional 22,568 shares in the last quarter. Finally, CacheTech Inc. purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $2,190,000.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.0%

Shares of NYSEARCA:SPMB opened at $22.52 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.36 and a 12 month high of $22.72. The company’s fifty day moving average price is $22.48 and its 200 day moving average price is $22.40.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

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

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.