SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 2,959,626 shares traded hands during trading, an increase of 232% from the previous session’s volume of 890,768 shares.The stock last traded at $21.85 and had previously closed at $21.80.
SPDR Portfolio Mortgage Backed Bond ETF Price Performance
The business has a 50-day simple moving average of $21.88 and a 200 day simple moving average of $21.82.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Collier Financial bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 1st quarter worth approximately $11,532,000. Farther Finance Advisors LLC lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 4,379.3% during the 1st quarter. Farther Finance Advisors LLC now owns 109,475 shares of the company’s stock valued at $2,418,000 after acquiring an additional 107,031 shares in the last quarter. Confluence Investment Management LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 6.0% in the 1st quarter. Confluence Investment Management LLC now owns 4,161,523 shares of the company’s stock worth $91,762,000 after acquiring an additional 234,676 shares in the last quarter. Fourth Dimension Wealth LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at about $178,000. Finally, Baird Financial Group Inc. lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.7% during the fourth quarter. Baird Financial Group Inc. now owns 309,890 shares of the company’s stock valued at $6,678,000 after purchasing an additional 22,109 shares in the last quarter.
SPDR Portfolio Mortgage Backed Bond ETF Company 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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