Simplicity Wealth LLC reduced its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 40.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,613 shares of the company’s stock after selling 46,332 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,450,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 3rd quarter worth approximately $26,000. Emergent Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $43,000. Compass Financial Management LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter valued at approximately $43,000. Jim Saulnier & Associates LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter valued at approximately $57,000. Finally, Avant Capital LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter valued at approximately $62,000.
SPDR Portfolio Mortgage Backed Bond ETF Price Performance
SPMB stock opened at $21.58 on Tuesday. The firm has a fifty day moving average price of $21.56 and a 200 day moving average price of $22.14. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $20.92 and a fifty-two week 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.
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