SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Bought by Good Life Advisors LLC

Good Life Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 10.9% during the second quarter, Holdings Channel reports. The fund owned 210,147 shares of the company’s stock after acquiring an additional 20,635 shares during the quarter. Good Life Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $4,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPMB. IFP Advisors Inc grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.7% during the second quarter. IFP Advisors Inc now owns 33,663 shares of the company’s stock valued at $744,000 after buying an additional 875 shares in the last quarter. Alesco Advisors LLC grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.2% during the 2nd quarter. Alesco Advisors LLC now owns 94,950 shares of the company’s stock valued at $2,098,000 after acquiring an additional 1,100 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth $39,000. Ehrlich Financial Group raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.0% during the second quarter. Ehrlich Financial Group now owns 120,886 shares of the company’s stock worth $2,672,000 after acquiring an additional 2,404 shares in the last quarter. Finally, Norden Group LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 10.1% during the second quarter. Norden Group LLC now owns 32,180 shares of the company’s stock valued at $711,000 after purchasing an additional 2,940 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of NYSEARCA SPMB opened at $22.52 on Thursday. The business has a 50 day simple moving average of $22.50 and a 200 day simple moving average of $22.11. SPDR Portfolio Mortgage Backed Bond ETF has a 52 week low of $21.20 and a 52 week high of $22.72.

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.