Sharkey Howes & Javer Cuts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Sharkey Howes & Javer lessened its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBFree Report) by 59.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,879 shares of the company’s stock after selling 66,682 shares during the period. Sharkey Howes & Javer’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,030,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Baird Financial Group Inc. raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 12.8% in the 2nd quarter. Baird Financial Group Inc. now owns 310,301 shares of the company’s stock valued at $6,858,000 after purchasing an additional 35,330 shares during the last quarter. CacheTech Inc. acquired a new position in SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter valued at approximately $2,190,000. Boltwood Capital Management increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 36.9% during the 3rd quarter. Boltwood Capital Management now owns 156,679 shares of the company’s stock valued at $3,516,000 after purchasing an additional 42,265 shares in the last quarter. Drucker Wealth 3.0 LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth $1,547,000. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4.3% during the second quarter. Stratos Wealth Partners LTD. now owns 370,984 shares of the company’s stock worth $8,199,000 after buying an additional 15,340 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPMB opened at $22.40 on Friday. The company’s fifty day moving average price is $22.53 and its 200-day moving average price is $22.25. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.72.

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

Want to see what other hedge funds are holding SPMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBFree Report).

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

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