SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 2,959,626 shares changed hands during mid-day trading, an increase of 232% from the previous session’s volume of 890,768 shares.The stock last traded at $21.85 and had previously closed at $21.80.
SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.4 %
The firm’s 50 day moving average price is $21.89 and its two-hundred day moving average price is $21.82.
Hedge Funds Weigh In On SPDR Portfolio Mortgage Backed Bond ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Confluence Investment Management LLC increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 41.7% during the fourth quarter. Confluence Investment Management LLC now owns 3,926,847 shares of the company’s stock worth $84,624,000 after acquiring an additional 1,154,949 shares during the period. Tsfg LLC boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.9% in the fourth quarter. Tsfg LLC now owns 235,829 shares of the company’s stock valued at $5,082,000 after buying an additional 19,184 shares in the last quarter. Strategic Blueprint LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 89.8% during the fourth quarter. Strategic Blueprint LLC now owns 55,923 shares of the company’s stock worth $1,205,000 after acquiring an additional 26,454 shares during the period. Crews Bank & Trust purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter worth $106,000. Finally, Golden State Wealth Management LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at $349,000.
About SPDR Portfolio Mortgage Backed Bond ETF
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.
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