Marks Group Wealth Management Inc acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) during the first quarter, HoldingsChannel reports. The fund acquired 76,687 shares of the company’s stock, valued at approximately $1,717,000.
Other large investors have also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 5.0% in the fourth quarter. Assetmark Inc. now owns 1,741,982 shares of the company’s stock valued at $39,047,000 after acquiring an additional 83,017 shares during the period. Confluence Investment Management LLC increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% during the fourth quarter. Confluence Investment Management LLC now owns 4,260,018 shares of the company’s stock worth $95,488,000 after acquiring an additional 37,799 shares during the period. True North Advisors LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter worth about $553,000. Q3 Asset Management acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter worth about $2,882,000. Finally, Leicht Financial Planning & Wealth Management Inc. raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 7.5% in the 4th quarter. Leicht Financial Planning & Wealth Management Inc. now owns 916,454 shares of the company’s stock worth $20,542,000 after purchasing an additional 64,163 shares in the last quarter.
SPDR Portfolio Mortgage Backed Bond ETF Price Performance
NYSEARCA SPMB opened at $22.13 on Friday. The firm has a 50-day moving average price of $22.21 and a two-hundred day moving average price of $22.39. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.78 and a 12-month high of $22.87.
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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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:SPMB – Free Report).
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