MGO One Seven LLC cut its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 91.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,744 shares of the company’s stock after selling 232,645 shares during the period. MGO One Seven LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $481,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of SPMB. Confluence Investment Management LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF during the 3rd quarter worth approximately $69,790,000. Citadel Advisors LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $32,672,000. Symphony Financial Ltd. Co. purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $13,199,000. Fortune 45 LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $11,052,000. Finally, Gibbs Wealth Management increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 84.8% in the first quarter. Gibbs Wealth Management now owns 843,445 shares of the company’s stock worth $18,885,000 after acquiring an additional 386,993 shares during the period.
SPDR Portfolio Mortgage Backed Bond ETF Price Performance
Shares of SPMB stock opened at $21.73 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $20.92 and a 52-week high of $22.87. The business has a 50-day simple moving average of $21.48 and a 200-day simple moving average of $22.10.
SPDR Portfolio Mortgage Backed Bond ETF 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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