RFG Advisory LLC Reduces Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

RFG Advisory LLC lowered its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 49.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 52,512 shares of the company’s stock after selling 52,336 shares during the period. RFG Advisory LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,176,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Certified Advisory Corp lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 3.9% in the first quarter. Certified Advisory Corp now owns 415,543 shares of the company’s stock valued at $9,304,000 after acquiring an additional 15,456 shares during the period. Spectrum Planning & Advisory Services Inc. increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4.2% during the 1st quarter. Spectrum Planning & Advisory Services Inc. now owns 128,424 shares of the company’s stock valued at $2,875,000 after purchasing an additional 5,145 shares during the last quarter. Center For Asset Management LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.4% during the 1st quarter. Center For Asset Management LLC now owns 50,874 shares of the company’s stock valued at $1,139,000 after purchasing an additional 4,790 shares during the last quarter. Astoria Portfolio Advisors LLC. bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter worth approximately $220,000. Finally, 93 Financial Group LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter worth approximately $16,956,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPMB opened at $22.41 on Monday. The company’s 50 day moving average is $22.27 and its 200 day moving average is $22.41. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.76 and a 12-month high of $22.87.

About SPDR Portfolio Mortgage Backed Bond ETF

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.