SPDR Portfolio Mortgage Backed Bond ETF $SPMB Position Lifted by Gibbs Wealth Management

Gibbs Wealth Management raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 84.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 843,445 shares of the company’s stock after buying an additional 386,993 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF comprises 2.5% of Gibbs Wealth Management’s investment portfolio, making the stock its 7th largest position. Gibbs Wealth Management owned 0.27% of SPDR Portfolio Mortgage Backed Bond ETF worth $18,885,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPMB. Cetera Investment Advisers boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 39.5% during the 1st quarter. Cetera Investment Advisers now owns 768,195 shares of the company’s stock worth $17,200,000 after purchasing an additional 217,397 shares during the period. Wiregrass Investment Management LLC raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 13.0% in the first quarter. Wiregrass Investment Management LLC now owns 39,907 shares of the company’s stock valued at $894,000 after purchasing an additional 4,584 shares during the period. CacheTech Inc. raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 29.1% in the first quarter. CacheTech Inc. now owns 106,495 shares of the company’s stock valued at $2,384,000 after purchasing an additional 24,020 shares during the period. CMC Financial Group acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the first quarter worth about $632,000. Finally, Balefire LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 42.4% during the first quarter. Balefire LLC now owns 22,324 shares of the company’s stock worth $500,000 after purchasing an additional 6,652 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Down 0.2%

Shares of NYSEARCA SPMB opened at $21.94 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.80 and a 1-year high of $22.87. The business has a 50-day moving average of $22.19 and a 200-day moving average of $22.37.

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.