RFG Advisory LLC Purchases 247,798 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

RFG Advisory LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 753.6% in the third quarter, Holdings Channel.com reports. The fund owned 280,679 shares of the company’s stock after acquiring an additional 247,798 shares during the quarter. RFG Advisory LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $6,298,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. State Street Corp lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 45.9% in the 2nd quarter. State Street Corp now owns 5,858,146 shares of the company’s stock valued at $129,465,000 after purchasing an additional 1,843,991 shares during the last quarter. Collier Financial acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 3rd quarter valued at about $13,167,000. CWM LLC raised its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 20.4% in the 2nd quarter. CWM LLC now owns 2,058,372 shares of the company’s stock valued at $45,490,000 after acquiring an additional 348,140 shares in the last quarter. Compton Financial Group LLC raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 14.9% in the second quarter. Compton Financial Group LLC now owns 1,862,493 shares of the company’s stock valued at $41,161,000 after purchasing an additional 241,486 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in SPDR Portfolio Mortgage Backed Bond ETF by 4.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,768,358 shares of the company’s stock valued at $61,177,000 after buying an additional 114,123 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.0%

Shares of SPMB opened at $22.52 on Monday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.36 and a one year high of $22.72. The company’s fifty day moving average price is $22.48 and its 200 day moving average price is $22.40.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.0715 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, February 2nd. This is a positive change from SPDR Portfolio Mortgage Backed Bond ETF’s previous monthly dividend of $0.07.

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.