Drucker Wealth 3.0 LLC Purchases Shares of 70,467 SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Drucker Wealth 3.0 LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 70,467 shares of the company’s stock, valued at approximately $1,547,000.

Several other hedge funds have also modified their holdings of the company. IFP Advisors Inc lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.7% during the second quarter. IFP Advisors Inc now owns 33,663 shares of the company’s stock valued at $744,000 after buying an additional 875 shares during the last quarter. Valmark Advisers Inc. increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 34.3% during the second quarter. Valmark Advisers Inc. now owns 134,250 shares of the company’s stock valued at $2,967,000 after acquiring an additional 34,272 shares in the last quarter. Financial Life Advisors increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 5.4% during the second quarter. Financial Life Advisors now owns 825,673 shares of the company’s stock valued at $18,247,000 after acquiring an additional 42,122 shares in the last quarter. Detalus Advisors LLC increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4.3% during the second quarter. Detalus Advisors LLC now owns 222,806 shares of the company’s stock valued at $4,924,000 after acquiring an additional 9,167 shares in the last quarter. Finally, Sachetta LLC increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 437.1% during the second quarter. Sachetta LLC now owns 7,246 shares of the company’s stock valued at $160,000 after acquiring an additional 5,897 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPMB opened at $22.51 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.20 and a 52-week high of $22.63. The firm’s 50-day moving average price is $22.29 and its 200-day moving average price is $21.99.

SPDR Portfolio Mortgage Backed Bond ETF Company 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.