Drucker Wealth 3.0 LLC Buys 120,388 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Drucker Wealth 3.0 LLC raised its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 170.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 190,855 shares of the company’s stock after buying an additional 120,388 shares during the period. Drucker Wealth 3.0 LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $4,283,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPMB. REAP Financial Group LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 3rd quarter worth approximately $25,000. AlphaCore Capital LLC increased its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 666.7% during the second quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock valued at $25,000 after buying an additional 1,000 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth approximately $39,000. Root Financial Partners LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 3rd quarter worth $65,000. Finally, CoreCap Advisors LLC boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 145.8% during the 3rd quarter. CoreCap Advisors LLC now owns 2,969 shares of the company’s stock worth $67,000 after acquiring an additional 1,761 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

NYSEARCA:SPMB opened at $22.72 on Wednesday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.36 and a one year high of $22.77. The business has a fifty day moving average price of $22.50 and a 200-day moving average price of $22.44.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0715 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. 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.

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.