SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $21.84 and last traded at $21.86, with a volume of 140056 shares trading hands. The stock had previously closed at $21.97.
SPDR Portfolio Mortgage Backed Bond ETF Stock Down 0.4%
The firm’s 50 day moving average price is $22.08 and its two-hundred day moving average price is $22.28.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of SPMB. HighTower Advisors LLC raised its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.4% in the 4th quarter. HighTower Advisors LLC now owns 10,582 shares of the company’s stock valued at $237,000 after acquiring an additional 816 shares during the period. Kingdom Financial Group LLC. purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter worth approximately $28,000. Independent Advisor Alliance increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 2.8% during the 4th quarter. Independent Advisor Alliance now owns 47,836 shares of the company’s stock worth $1,072,000 after buying an additional 1,324 shares during the period. Measured Wealth Private Client Group LLC lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 34.2% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 6,044 shares of the company’s stock worth $135,000 after buying an additional 1,540 shares in the last quarter. Finally, Chesapeake Wealth Management lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 0.5% during the 2nd quarter. Chesapeake Wealth Management now owns 318,400 shares of the company’s stock worth $7,104,000 after buying an additional 1,611 shares in the last quarter.
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.
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