SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report) reached a new 52-week low during trading on Monday. The stock traded as low as $20.96 and last traded at $20.9650, with a volume of 1313397 shares trading hands. The stock had previously closed at $21.05.
SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.4%
The company’s fifty day moving average is $21.78 and its 200 day moving average is $22.09.
Hedge Funds Weigh In On SPDR Portfolio Mortgage Backed Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of SPMB. TMB Capital Partners LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter worth approximately $964,000. Nwam LLC acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth $2,464,000. Symphony Financial Ltd. Co. bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at about $13,199,000. CacheTech Inc. grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 29.1% in the first quarter. CacheTech Inc. now owns 106,495 shares of the company’s stock valued at $2,384,000 after acquiring an additional 24,020 shares in the last quarter. Finally, Acorn Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at about $1,066,000.
SPDR Portfolio Mortgage Backed Bond ETF Company 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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