SPDR Portfolio Mortgage Backed Bond ETF $SPMB Position Raised by Signet Financial Management LLC

Signet Financial Management LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 9.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 619,189 shares of the company’s stock after acquiring an additional 53,178 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF accounts for about 1.6% of Signet Financial Management LLC’s investment portfolio, making the stock its 8th largest position. Signet Financial Management LLC owned 0.21% of SPDR Portfolio Mortgage Backed Bond ETF worth $13,895,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. AlphaCore Capital LLC increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 666.7% in the second quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock worth $25,000 after buying an additional 1,000 shares during the period. REAP Financial Group LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the third quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter valued at approximately $39,000. Root Financial Partners LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the third quarter worth approximately $65,000. Finally, CoreCap Advisors LLC increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 145.8% in the third quarter. CoreCap Advisors LLC now owns 2,969 shares of the company’s stock worth $67,000 after buying an additional 1,761 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

NYSEARCA SPMB opened at $22.69 on Thursday. The business’s 50-day moving average is $22.51 and its 200 day moving average is $22.44. SPDR Portfolio Mortgage Backed Bond ETF has a 1 year low of $21.36 and a 1 year high of $22.77.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.0715 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend 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.