Midwest Capital Advisors LLC lowered its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Free Report) by 70.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 80,210 shares of the company’s stock after selling 187,973 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF accounts for approximately 0.7% of Midwest Capital Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Midwest Capital Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,696,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of SPMB. Mather Group LLC. purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the third quarter worth about $26,000. Emergent Wealth Advisors LLC bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter valued at approximately $43,000. Compass Financial Management LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $43,000. Jim Saulnier & Associates LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $57,000. Finally, Avant Capital LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $62,000.
SPDR Portfolio Mortgage Backed Bond ETF Stock Performance
Shares of SPMB opened at $21.76 on Tuesday. SPDR Portfolio Mortgage Backed Bond ETF has a 1 year low of $20.92 and a 1 year high of $22.87. The stock’s fifty day moving average price is $21.48 and its two-hundred day moving average price is $22.09.
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.
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