MGO One Seven LLC Sells 49,437 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

MGO One Seven LLC reduced its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 54.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 41,458 shares of the company’s stock after selling 49,437 shares during the period. MGO One Seven LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $916,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Hexagon Capital Partners LLC lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 35.9% during the 1st 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 last quarter. Sachetta LLC increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 437.1% in the 2nd quarter. Sachetta LLC now owns 7,246 shares of the company’s stock valued at $160,000 after acquiring an additional 5,897 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in 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 acquiring an additional 6,697 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 1st quarter valued at about $446,000. Finally, Belpointe Asset Management LLC increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 27.4% in the 2nd quarter. Belpointe Asset Management LLC now owns 21,179 shares of the company’s stock valued at $468,000 after acquiring an additional 4,556 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPMB opened at $22.63 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.66. The firm has a 50-day moving average price of $22.33 and a two-hundred day moving average price of $22.00.

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.