Lunt Capital Management Inc. Purchases Shares of 23,020 SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Lunt Capital Management Inc. purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,020 shares of the company’s stock, valued at approximately $514,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its holdings 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 buying an additional 816 shares in the last quarter. Kingdom Financial Group LLC. bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at $28,000. Independent Advisor Alliance grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 2.8% in the fourth quarter. Independent Advisor Alliance now owns 47,836 shares of the company’s stock valued at $1,072,000 after acquiring an additional 1,324 shares during the period. Measured Wealth Private Client Group LLC raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 34.2% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 6,044 shares of the company’s stock worth $135,000 after acquiring an additional 1,540 shares in the last quarter. Finally, Chesapeake Wealth Management lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.5% during the second quarter. Chesapeake Wealth Management now owns 318,400 shares of the company’s stock valued at $7,104,000 after acquiring an additional 1,611 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPMB stock opened at $21.78 on Thursday. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.76 and a 12-month high of $22.87. The firm has a 50-day moving average price of $22.02 and a 200 day moving average price of $22.24.

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.