Detalus Advisors LLC Sells 244,295 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Detalus Advisors LLC reduced its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 74.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 84,573 shares of the company’s stock after selling 244,295 shares during the quarter. Detalus Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,788,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SPMB. Mather Group LLC. bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 3rd quarter worth $26,000. Baker Tilly Wealth Management LLC raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 9.9% in the third quarter. Baker Tilly Wealth Management LLC now owns 13,973 shares of the company’s stock worth $295,000 after buying an additional 1,260 shares in the last quarter. Chesapeake Wealth Management lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 0.5% in the second quarter. Chesapeake Wealth Management now owns 318,400 shares of the company’s stock worth $7,104,000 after buying an additional 1,611 shares during the period. Modera Wealth Management LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 11.2% in the 1st quarter. Modera Wealth Management LLC now owns 15,994 shares of the company’s stock valued at $358,000 after purchasing an additional 1,616 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 207,876 shares of the company’s stock valued at $4,638,000 after buying an additional 1,760 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

NYSEARCA:SPMB opened at $21.39 on Friday. The company’s 50-day simple moving average is $21.63 and its 200 day simple moving average is $22.02. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $20.92 and a one year high of $22.87.

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.