SPDR Portfolio Mortgage Backed Bond ETF $SPMB Stock: Simplicity Wealth LLC Lowers Position

Simplicity Wealth LLC decreased its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 40.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,613 shares of the company’s stock after selling 46,332 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,450,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Gibbs Wealth Management grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 16.5% during the 3rd quarter. Gibbs Wealth Management now owns 1,031,583 shares of the company’s stock valued at $21,808,000 after buying an additional 145,839 shares in the last quarter. 93 Financial Group LLC raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.3% during the third quarter. 93 Financial Group LLC now owns 812,070 shares of the company’s stock valued at $17,167,000 after buying an additional 10,696 shares during the last quarter. Seed Wealth Management Inc. lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4.1% in the third quarter. Seed Wealth Management Inc. now owns 148,090 shares of the company’s stock worth $3,131,000 after buying an additional 5,900 shares in the last quarter. True Blue Financial LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 56.3% in the third quarter. True Blue Financial LLC now owns 493,596 shares of the company’s stock worth $10,435,000 after buying an additional 177,764 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth $26,000.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of NYSEARCA:SPMB opened at $21.58 on Tuesday. The firm has a fifty day moving average price of $21.56 and a 200 day moving average price of $22.14. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $20.92 and a fifty-two week high of $22.87.

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.