114,155 SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Sold by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. lowered its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 79.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,707 shares of the company’s stock after selling 114,155 shares during the period. Spectrum Planning & Advisory Services Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $607,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Confluence Investment Management LLC purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth about $69,790,000. Bank of America Corp DE grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 6.6% during the 1st quarter. Bank of America Corp DE now owns 2,183,078 shares of the company’s stock worth $48,879,000 after acquiring an additional 135,391 shares in the last quarter. Assetmark Inc. grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 4.1% during the 1st quarter. Assetmark Inc. now owns 1,813,363 shares of the company’s stock worth $40,601,000 after acquiring an additional 71,381 shares in the last quarter. Citadel Advisors LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter valued at about $32,672,000. Finally, Financial Life Advisors increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 24.9% during the 2nd quarter. Financial Life Advisors now owns 1,300,999 shares of the company’s stock valued at $29,025,000 after purchasing an additional 259,619 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

NYSEARCA:SPMB opened at $21.55 on Thursday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $20.92 and a one year high of $22.87. The firm has a 50-day simple moving average of $21.47 and a 200-day simple moving average of $22.09.

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.