Golden State Wealth Management LLC Takes $349,000 Position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB)

Golden State Wealth Management LLC acquired a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,186 shares of the company’s stock, valued at approximately $349,000.

Other institutional investors also recently bought and sold shares of the company. Confluence Investment Management LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 41.7% during the 4th quarter. Confluence Investment Management LLC now owns 3,926,847 shares of the company’s stock worth $84,624,000 after buying an additional 1,154,949 shares in the last quarter. Tidemark LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 7.9% during the 3rd quarter. Tidemark LLC now owns 430,682 shares of the company’s stock worth $9,703,000 after acquiring an additional 31,571 shares in the last quarter. Tsfg LLC increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 8.9% during the 4th quarter. Tsfg LLC now owns 235,829 shares of the company’s stock valued at $5,082,000 after purchasing an additional 19,184 shares during the period. Cary Street Partners Asset Management LLC raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.9% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 204,102 shares of the company’s stock valued at $4,598,000 after purchasing an additional 3,765 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 115,583 shares of the company’s stock worth $2,604,000 after purchasing an additional 9,287 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.3 %

NYSEARCA SPMB opened at $21.67 on Friday. The firm’s 50 day moving average price is $21.63 and its 200-day moving average price is $21.99. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $20.92 and a 52-week high of $22.76.

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.