SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Stock Position Lifted by Confluence Investment Management LLC

Confluence Investment Management LLC boosted its stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 41.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,926,847 shares of the company’s stock after acquiring an additional 1,154,949 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $84,624,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 52.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,573 shares of the company’s stock valued at $58,000 after buying an additional 882 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth approximately $34,000. Cary Street Partners Asset Management LLC increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.9% during the 3rd quarter. Cary Street Partners Asset Management LLC now owns 204,102 shares of the company’s stock worth $4,598,000 after purchasing an additional 3,765 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 11.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 49,348 shares of the company’s stock valued at $1,064,000 after purchasing an additional 4,900 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 29.2% in the 3rd quarter. Private Trust Co. NA now owns 22,440 shares of the company’s stock valued at $506,000 after purchasing an additional 5,070 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.0 %

NYSEARCA:SPMB traded up $0.01 during trading hours on Thursday, reaching $21.56. The company’s stock had a trading volume of 363,900 shares, compared to its average volume of 852,206. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $20.92 and a one year high of $22.76. The business’s 50-day moving average is $21.79 and its 200-day moving average is $22.02.

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.