Northwest Capital Management Inc Cuts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Northwest Capital Management Inc reduced its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBFree Report) by 8.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,732 shares of the company’s stock after selling 2,473 shares during the quarter. Northwest Capital Management Inc’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $569,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Drucker Wealth 3.0 LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter worth $1,547,000. Ehrlich Financial Group grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 2.0% in the second quarter. Ehrlich Financial Group now owns 120,886 shares of the company’s stock worth $2,672,000 after purchasing an additional 2,404 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 2.7% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 244,389 shares of the company’s stock worth $5,401,000 after purchasing an additional 6,521 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 47.3% in the first quarter. Golden State Wealth Management LLC now owns 23,842 shares of the company’s stock worth $526,000 after purchasing an additional 7,656 shares during the last quarter. Finally, Detalus Advisors LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 4.3% in the second quarter. Detalus Advisors LLC now owns 222,806 shares of the company’s stock worth $4,924,000 after purchasing an additional 9,167 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Up 0.2%

NYSEARCA SPMB opened at $22.56 on Tuesday. The firm’s fifty day simple moving average is $22.30 and its two-hundred day simple moving average is $21.99. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.20 and a 12-month high of $22.63.

SPDR Portfolio Mortgage Backed Bond ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SPMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMBFree Report).

Institutional Ownership by Quarter for SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB)

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