Collaborative Wealth Managment Inc. lessened its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 42.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,076 shares of the company’s stock after selling 40,265 shares during the period. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,143,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in SPMB. Nwam LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at about $2,464,000. Symphony Financial Ltd. Co. acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at approximately $13,199,000. Gibbs Wealth Management raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 16.5% in the third quarter. Gibbs Wealth Management now owns 1,031,583 shares of the company’s stock valued at $21,808,000 after acquiring an additional 145,839 shares in the last quarter. Rinkey Investments bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth about $1,359,000. Finally, Confluence Investment Management LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF during the 3rd quarter worth approximately $69,790,000.
SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.7%
Shares of SPMB opened at $21.40 on Friday. The stock has a 50 day moving average of $21.46 and a 200-day moving average of $22.08. SPDR Portfolio Mortgage Backed Bond ETF has a 52 week low of $20.92 and a 52 week high of $22.87.
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.
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