SPDR Portfolio Mortgage Backed Bond ETF $SPMB Position Lowered by Center For Asset Management LLC

Center For Asset Management LLC lessened its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 76.2% in the third quarter, HoldingsChannel reports. The firm owned 25,349 shares of the company’s stock after selling 81,097 shares during the quarter. Center For Asset Management LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $536,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SPMB. True Blue Financial LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 56.3% during the third quarter. True Blue Financial LLC now owns 493,596 shares of the company’s stock valued at $10,435,000 after purchasing an additional 177,764 shares in the last quarter. Mather Group LLC. bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth $26,000. Signal Advisors Wealth LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth $249,000. Baker Tilly Wealth Management LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 9.9% in the third quarter. Baker Tilly Wealth Management LLC now owns 13,973 shares of the company’s stock worth $295,000 after purchasing an additional 1,260 shares in the last quarter. Finally, Confluence Investment Management LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth $69,790,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock opened at $21.38 on Friday. The business has a fifty day simple moving average of $21.61 and a two-hundred day simple moving average of $22.02. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $20.92 and a 12 month high of $22.87.

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.