Leicht Financial Planning & Wealth Management Inc. Acquires 74,112 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Leicht Financial Planning & Wealth Management Inc. grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 9.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 861,456 shares of the company’s stock after buying an additional 74,112 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF makes up 9.0% of Leicht Financial Planning & Wealth Management Inc.’s portfolio, making the stock its 4th largest position. Leicht Financial Planning & Wealth Management Inc. owned 0.30% of SPDR Portfolio Mortgage Backed Bond ETF worth $19,038,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Drucker Wealth 3.0 LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth about $1,547,000. Stratos Wealth Partners LTD. lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 4.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 370,984 shares of the company’s stock worth $8,199,000 after buying an additional 15,340 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 2.7% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 244,389 shares of the company’s stock worth $5,401,000 after buying an additional 6,521 shares in the last quarter. Ehrlich Financial Group increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.0% in the 2nd quarter. Ehrlich Financial Group now owns 120,886 shares of the company’s stock valued at $2,672,000 after buying an additional 2,404 shares during the period. Finally, Detalus Advisors LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4.3% during the second quarter. Detalus Advisors LLC now owns 222,806 shares of the company’s stock valued at $4,924,000 after acquiring an additional 9,167 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of NYSEARCA SPMB opened at $22.47 on Friday. The company’s 50 day simple moving average is $22.51 and its 200 day simple moving average is $22.11. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $21.20 and a fifty-two week high of $22.72.

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.