Carr Financial Group Corp Cuts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Carr Financial Group Corp lessened its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 6.5% in the 2nd quarter, Holdings Channel reports. The fund owned 19,116 shares of the company’s stock after selling 1,319 shares during the period. Carr Financial Group Corp’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $422,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Hexagon Capital Partners LLC lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 35.9% in the first quarter. Hexagon Capital Partners LLC now owns 6,734 shares of the company’s stock valued at $148,000 after purchasing an additional 1,779 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 101.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 13,330 shares of the company’s stock valued at $294,000 after buying an additional 6,697 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the first quarter valued at approximately $446,000. Golden State Wealth Management LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 47.3% during the first quarter. Golden State Wealth Management LLC now owns 23,842 shares of the company’s stock worth $526,000 after acquiring an additional 7,656 shares during the period. Finally, Norden Group LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 10.1% during the second quarter. Norden Group LLC now owns 32,180 shares of the company’s stock worth $711,000 after acquiring an additional 2,940 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.2%

NYSEARCA:SPMB opened at $22.44 on Wednesday. SPDR Portfolio Mortgage Backed Bond ETF has a 1 year low of $21.20 and a 1 year high of $22.63. The stock has a fifty day moving average price of $22.15 and a two-hundred day moving average price of $21.95.

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.