Waverly Advisors LLC Increases Position in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Waverly Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 35.9% during the second quarter, Holdings Channel reports. The fund owned 286,215 shares of the company’s stock after acquiring an additional 75,583 shares during the quarter. Waverly Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $6,385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Engines Advisors L.L.C. raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.5% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock valued at $4,231,117,000 after acquiring an additional 2,759,654 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% during the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock worth $453,656,000 after purchasing an additional 1,974,582 shares during the last quarter. Stifel Financial Corp grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.4% in the fourth quarter. Stifel Financial Corp now owns 7,602,932 shares of the company’s stock valued at $170,420,000 after purchasing an additional 523,944 shares during the period. State Street Corp grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 45.9% in the second quarter. State Street Corp now owns 5,858,146 shares of the company’s stock valued at $129,465,000 after purchasing an additional 1,843,991 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 9.8% in the third quarter. Ameriprise Financial Inc. now owns 3,040,135 shares of the company’s stock valued at $68,095,000 after purchasing an additional 271,777 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.8%

NYSEARCA SPMB opened at $21.61 on Friday. The business’s 50-day moving average price is $22.00 and its 200 day moving average price is $22.23. SPDR Portfolio Mortgage Backed Bond ETF has a twelve month low of $21.59 and a twelve month high of $22.87.

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.