76,055 Shares in SPDR Portfolio Mortgage Backed Bond ETF $SPMB Purchased by Studio Investment Management LLC

Studio Investment Management LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 76,055 shares of the company’s stock, valued at approximately $1,697,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 45.9% in the 2nd 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 in the last quarter. NewEdge Advisors LLC boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 185.1% during the second quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock valued at $68,000 after acquiring an additional 2,008 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.4% during the second quarter. Diversify Advisory Services LLC now owns 81,062 shares of the company’s stock worth $1,787,000 after buying an additional 5,606 shares in the last quarter. Quantinno Capital Management LP purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter valued at approximately $455,000. Finally, Raymond James Financial Inc. lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.2% during the second quarter. Raymond James Financial Inc. now owns 150,826 shares of the company’s stock valued at $3,333,000 after buying an additional 12,716 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPMB stock opened at $21.87 on Monday. The company has a 50 day moving average price of $22.04 and a two-hundred day moving average price of $22.25. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.77 and a one year high of $22.87.

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.