Western Wealth Management LLC Boosts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Western Wealth Management LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 27.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 173,723 shares of the company’s stock after buying an additional 37,140 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $3,839,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth approximately $17,625,000. Confluence Investment Management LLC boosted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 13.6% in the 2nd quarter. Confluence Investment Management LLC now owns 4,727,616 shares of the company’s stock worth $104,480,000 after buying an additional 566,093 shares during the last quarter. CWM LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 20.4% in the 2nd quarter. CWM LLC now owns 2,058,372 shares of the company’s stock valued at $45,490,000 after buying an additional 348,140 shares during the period. Compton Financial Group LLC increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 14.9% during the 2nd quarter. Compton Financial Group LLC now owns 1,862,493 shares of the company’s stock valued at $41,161,000 after acquiring an additional 241,486 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.4% during the 1st quarter. Ameriprise Financial Inc. now owns 2,654,235 shares of the company’s stock worth $58,530,000 after acquiring an additional 227,244 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.1%

Shares of SPMB opened at $22.44 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $21.20 and a fifty-two week high of $22.72. The company’s fifty day moving average is $22.51 and its two-hundred day moving average is $22.11.

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.