True Blue Financial LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 56.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 493,596 shares of the company’s stock after buying an additional 177,764 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF comprises 3.9% of True Blue Financial LLC’s investment portfolio, making the stock its 8th biggest holding. True Blue Financial LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $10,435,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in SPDR Portfolio Mortgage Backed Bond ETF during the third quarter worth approximately $26,000. Compass Financial Management LLC purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at approximately $43,000. Emergent Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $43,000. Jim Saulnier & Associates LLC acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $57,000. Finally, Avant Capital LLC purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter valued at $62,000.
SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.6%
SPMB stock opened at $21.39 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $20.92 and a 12 month high of $22.87. The company has a fifty day moving average price of $21.63 and a 200 day moving average price of $22.02.
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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