PFG Advisors Raises Stock Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

PFG Advisors raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 286.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 124,289 shares of the company’s stock after purchasing an additional 92,100 shares during the quarter. PFG Advisors’ holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $2,747,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Stokes Family Office LLC raised its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 3.0% in the second quarter. Stokes Family Office LLC now owns 545,139 shares of the company’s stock worth $12,048,000 after purchasing an additional 16,067 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth approximately $39,000. Tsfg LLC lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 7.6% during the 2nd quarter. Tsfg LLC now owns 212,861 shares of the company’s stock valued at $4,704,000 after acquiring an additional 15,021 shares during the period. Compton Financial Group LLC lifted its stake in 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 period. Finally, Flagship Harbor Advisors LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 3.3% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 427,088 shares of the company’s stock valued at $9,439,000 after acquiring an additional 13,801 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

NYSEARCA:SPMB opened at $22.51 on Monday. The company’s fifty day moving average price is $22.48 and its 200-day moving average price is $22.09. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.72.

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.