SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 240,258 shares, a decrease of 37.4% from the August 15th total of 384,061 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,121,072 shares, the short-interest ratio is currently 0.2 days.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.3%

Shares of NYSEARCA SPMB traded up $0.06 during mid-day trading on Wednesday, hitting $21.61. 94,183 shares of the company traded hands, compared to its average volume of 1,035,871. The business has a 50 day moving average of $21.96 and a two-hundred day moving average of $22.20. SPDR Portfolio Mortgage Backed Bond ETF has a 1 year low of $21.48 and a 1 year high of $22.87.

Hedge Funds Weigh In On SPDR Portfolio Mortgage Backed Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPMB. LPL Financial LLC lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% in the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock worth $453,656,000 after purchasing an additional 1,974,582 shares in the last quarter. Advisory Alpha LLC boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.7% during the 4th quarter. Advisory Alpha LLC now owns 2,256,536 shares of the company’s stock worth $50,581,000 after acquiring an additional 60,015 shares in the last quarter. Bank of America Corp DE raised its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 6.6% in the 1st quarter. Bank of America Corp DE now owns 2,183,078 shares of the company’s stock valued at $48,879,000 after acquiring an additional 135,391 shares in the last quarter. Assetmark Inc. lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 4.1% in the 1st quarter. Assetmark Inc. now owns 1,813,363 shares of the company’s stock worth $40,601,000 after purchasing an additional 71,381 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth approximately $32,672,000.

SPDR Portfolio Mortgage Backed Bond ETF Company Profile

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.