26,049 Shares in SPDR Portfolio Mortgage Backed Bond ETF $SPMB Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans bought a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 26,049 shares of the company’s stock, valued at approximately $585,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. AlphaCore Capital LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 666.7% in the 2nd quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock worth $25,000 after acquiring an additional 1,000 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth $39,000. Root Financial Partners LLC purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the third quarter valued at about $65,000. CoreCap Advisors LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 145.8% during the third quarter. CoreCap Advisors LLC now owns 2,969 shares of the company’s stock valued at $67,000 after buying an additional 1,761 shares during the last quarter. Finally, NewEdge Advisors LLC grew 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 buying an additional 2,008 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.4%

SPMB opened at $22.75 on Tuesday. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.36 and a 12 month high of $22.77. The business’s 50-day moving average price is $22.50 and its 200-day moving average price is $22.43.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.0715 dividend. This is an increase from SPDR Portfolio Mortgage Backed Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.