Cetera Investment Advisers Purchases 217,397 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Cetera Investment Advisers grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 39.5% during the first quarter, Holdings Channel reports. The institutional investor owned 768,195 shares of the company’s stock after purchasing an additional 217,397 shares during the quarter. Cetera Investment Advisers’ holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $17,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 1.5% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock valued at $4,231,117,000 after acquiring an additional 2,759,654 shares during the period. State Street Corp boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 69.8% during the fourth quarter. State Street Corp now owns 5,020,182 shares of the company’s stock worth $112,527,000 after purchasing an additional 2,064,451 shares during the period. LPL Financial LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 10.8% during the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock worth $453,656,000 after purchasing an additional 1,974,582 shares during the period. Financial Plan Inc. purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter worth about $23,264,000. Finally, 93 Financial Group LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter worth about $16,956,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

NYSEARCA SPMB opened at $22.10 on Wednesday. The company’s 50 day moving average is $22.19 and its 200-day moving average is $22.36. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.88 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.