Financial Plan Inc. lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 22.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,271,622 shares of the company’s stock after purchasing an additional 233,762 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF accounts for approximately 3.1% of Financial Plan Inc.’s investment portfolio, making the stock its 11th biggest holding. Financial Plan Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $28,472,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in SPMB. Sound Income Strategies LLC grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 76.8% in the fourth quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock valued at $27,000 after purchasing an additional 520 shares in the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter worth about $28,000. Financial Consulate Inc. acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter worth about $32,000. Crewe Advisors LLC grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 95.7% in the 4th quarter. Crewe Advisors LLC now owns 1,564 shares of the company’s stock valued at $35,000 after acquiring an additional 765 shares in the last quarter. Finally, Optima Capital LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter valued at about $36,000.
SPDR Portfolio Mortgage Backed Bond ETF Stock Up 0.1%
NYSEARCA:SPMB opened at $22.20 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.76 and a 52-week high of $22.87. The stock’s 50-day simple moving average is $22.26 and its 200 day simple moving average is $22.41.
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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