Clearwater Capital Advisors LLC Cuts Stock Position in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Clearwater Capital Advisors LLC decreased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 29.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 236,435 shares of the company’s stock after selling 97,592 shares during the quarter. Clearwater Capital Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $5,294,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 76.8% during the fourth quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock worth $27,000 after purchasing an additional 520 shares in the last quarter. Kingdom Financial Group LLC. acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at about $28,000. Financial Consulate Inc. acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at about $32,000. Crewe Advisors LLC grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 95.7% in the fourth quarter. Crewe Advisors LLC now owns 1,564 shares of the company’s stock valued at $35,000 after buying an additional 765 shares in the last quarter. Finally, Optima Capital LLC purchased a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at about $36,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPDR Portfolio Mortgage Backed Bond ETF stock opened at $21.99 on Thursday. The stock’s 50 day moving average price is $22.19 and its 200 day moving average price is $22.38. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.80 and a one year high of $22.87.

SPDR Portfolio Mortgage Backed Bond ETF Company 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.