Modera Wealth Management LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 154,793 shares of the company’s stock, valued at approximately $3,272,000.
A number of other hedge funds have also added to or reduced their stakes in SPMB. Willow Creek Wealth Management Inc. raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.2% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 76,535 shares of the company’s stock worth $1,618,000 after buying an additional 885 shares in the last quarter. Gibbs Wealth Management grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 16.5% during the 3rd quarter. Gibbs Wealth Management now owns 1,031,583 shares of the company’s stock worth $21,808,000 after acquiring an additional 145,839 shares during the last quarter. 93 Financial Group LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.3% in the third quarter. 93 Financial Group LLC now owns 812,070 shares of the company’s stock worth $17,167,000 after purchasing an additional 10,696 shares during the last quarter. Seed Wealth Management Inc. grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4.1% in the 3rd quarter. Seed Wealth Management Inc. now owns 148,090 shares of the company’s stock valued at $3,131,000 after buying an additional 5,900 shares during the last quarter. Finally, True Blue Financial LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 56.3% in the third quarter. True Blue Financial LLC now owns 493,596 shares of the company’s stock valued at $10,435,000 after acquiring an additional 177,764 shares during the last quarter.
SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.4%
SPMB opened at $21.70 on Friday. The company has a fifty day moving average of $21.52 and a 200-day moving average of $22.12. SPDR Portfolio Mortgage Backed Bond ETF has a twelve month low of $20.92 and a twelve month high of $22.87.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio Mortgage Backed Bond ETF
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
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).
Receive News & Ratings for SPDR Portfolio Mortgage Backed Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Mortgage Backed Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
