Lido Advisors LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 294.7% during the third quarter, HoldingsChannel reports. The fund owned 109,529 shares of the company’s stock after buying an additional 81,779 shares during the period. Lido Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $2,315,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in SPMB. Confluence Investment Management LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the third quarter worth $69,790,000. Bank of America Corp DE lifted 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 purchasing an additional 135,391 shares during the last quarter. Assetmark Inc. lifted its stake in shares of 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 valued at $40,601,000 after purchasing an additional 71,381 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth $32,672,000. Finally, Financial Life Advisors grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 24.9% during the 2nd quarter. Financial Life Advisors now owns 1,300,999 shares of the company’s stock worth $29,025,000 after purchasing an additional 259,619 shares during the period.
SPDR Portfolio Mortgage Backed Bond ETF Stock Down 0.1%
Shares of NYSEARCA:SPMB traded down $0.03 during midday trading on Friday, reaching $21.37. 1,112,448 shares of the company’s stock were exchanged, compared to its average volume of 1,290,422. The firm’s 50 day simple moving average is $21.45 and its two-hundred day simple moving average is $22.07. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $20.92 and a fifty-two week high of $22.87.
SPDR Portfolio Mortgage Backed Bond ETF 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.
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Want to see what other hedge funds are holding SPMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report).
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