SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Acquired by Leicht Financial Planning & Wealth Management Inc.

Leicht Financial Planning & Wealth Management Inc. boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 9.4% during the second quarter, Holdings Channel reports. The fund owned 861,456 shares of the company’s stock after purchasing an additional 74,112 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF makes up 9.0% of Leicht Financial Planning & Wealth Management Inc.’s holdings, making the stock its 4th largest holding. Leicht Financial Planning & Wealth Management Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $19,038,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Atlantic Union Bankshares Corp bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at about $39,000. PNC Financial Services Group Inc. grew its stake in SPDR Portfolio Mortgage Backed Bond ETF by 622.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,757 shares of the company’s stock valued at $83,000 after buying an additional 3,237 shares during the last quarter. Sachetta LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 437.1% in the 2nd quarter. Sachetta LLC now owns 7,246 shares of the company’s stock valued at $160,000 after acquiring an additional 5,897 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 1st quarter valued at about $446,000. Finally, Belpointe Asset Management LLC lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 27.4% during the second quarter. Belpointe Asset Management LLC now owns 21,179 shares of the company’s stock worth $468,000 after acquiring an additional 4,556 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Down 0.2%

SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.47 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.20 and a 12 month high of $22.72. The stock’s 50 day moving average is $22.51 and its 200-day moving average is $22.11.

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.