Assetmark Inc. Boosts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Assetmark Inc. lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBFree Report) by 4.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,813,363 shares of the company’s stock after acquiring an additional 71,381 shares during the quarter. Assetmark Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $40,601,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SPMB. Financial Engines Advisors L.L.C. raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.5% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock worth $4,231,117,000 after purchasing an additional 2,759,654 shares during the period. State Street Corp lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 69.8% during the 4th quarter. State Street Corp now owns 5,020,182 shares of the company’s stock valued at $112,527,000 after buying an additional 2,064,451 shares during the last quarter. LPL Financial LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% during the 4th quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock worth $453,656,000 after acquiring an additional 1,974,582 shares during the period. Financial Plan Inc. purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter worth about $23,264,000. Finally, 93 Financial Group LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter valued at about $16,956,000.

SPDR Portfolio Mortgage Backed Bond ETF Stock Up 0.0%

NYSEARCA SPMB opened at $22.14 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 52 week low of $21.80 and a 52 week high of $22.87. The firm’s 50-day simple moving average is $22.21 and its two-hundred day simple moving average is $22.39.

SPDR Portfolio Mortgage Backed Bond ETF Company 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.

See Also

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

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