Modera Wealth Management LLC Buys 154,793 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Modera Wealth Management LLC acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 154,793 shares of the company’s stock, valued at approximately $3,272,000.

A number of other institutional investors have also recently bought and sold shares of SPMB. Mather Group LLC. bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 3rd quarter valued at $26,000. Emergent Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at approximately $43,000. Compass Financial Management LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at about $43,000. Jim Saulnier & Associates LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth about $57,000. Finally, Avant Capital LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $62,000.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.4%

NYSEARCA:SPMB opened at $21.70 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $20.92 and a one year high of $22.87. The firm’s fifty day moving average price is $21.52 and its two-hundred day moving average price is $22.12.

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.