Gibbs Wealth Management lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 84.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 843,445 shares of the company’s stock after acquiring an additional 386,993 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF accounts for about 2.5% of Gibbs Wealth Management’s investment portfolio, making the stock its 7th biggest position. Gibbs Wealth Management’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $18,885,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Sound Income Strategies LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 76.8% in the fourth quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock valued at $27,000 after acquiring an additional 520 shares in the last quarter. Guidance Capital Inc. grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.3% during the 4th quarter. Guidance Capital Inc. now owns 45,513 shares of the company’s stock worth $1,023,000 after acquiring an additional 565 shares in the last quarter. Heritage Family Offices LLP grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 8.1% during the 4th quarter. Heritage Family Offices LLP now owns 10,124 shares of the company’s stock worth $227,000 after acquiring an additional 761 shares in the last quarter. Crewe Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 95.7% in the 4th quarter. Crewe Advisors LLC now owns 1,564 shares of the company’s stock worth $35,000 after purchasing an additional 765 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.4% in the 4th quarter. HighTower Advisors LLC now owns 10,582 shares of the company’s stock worth $237,000 after purchasing an additional 816 shares during the last quarter.
SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.2%
NYSEARCA:SPMB opened at $21.94 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.80 and a one year high of $22.87. The stock has a 50-day simple moving average of $22.19 and a 200 day simple moving average of $22.37.
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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