Eastern Bank Has $537,000 Stock Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Eastern Bank trimmed its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 82.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,302 shares of the company’s stock after selling 112,681 shares during the quarter. Eastern Bank’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $537,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.7% in 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 during the period. Valmark Advisers Inc. lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 34.3% during the second quarter. Valmark Advisers Inc. now owns 134,250 shares of the company’s stock worth $2,967,000 after purchasing an additional 34,272 shares during the period. Financial Life Advisors lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 5.4% during the second quarter. Financial Life Advisors now owns 825,673 shares of the company’s stock worth $18,247,000 after purchasing an additional 42,122 shares during the period. Detalus Advisors LLC lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 4.3% during the second quarter. Detalus Advisors LLC now owns 222,806 shares of the company’s stock worth $4,924,000 after purchasing an additional 9,167 shares during the period. Finally, Sachetta LLC lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 437.1% during the second quarter. Sachetta LLC now owns 7,246 shares of the company’s stock worth $160,000 after purchasing an additional 5,897 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of SPMB opened at $22.51 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.20 and a 12 month high of $22.63. The company has a 50-day moving average price of $22.29 and a two-hundred day moving average price of $21.99.

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.