SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $21.47 and last traded at $21.4450, with a volume of 81629 shares. The stock had previously closed at $21.60.
SPDR Portfolio Mortgage Backed Bond ETF Stock Down 1.1%
The stock has a fifty day moving average price of $21.91 and a two-hundred day moving average price of $22.16.
Hedge Funds Weigh In On SPDR Portfolio Mortgage Backed Bond ETF
Hedge funds have recently bought and sold shares of the company. Lunt Capital Management Inc. bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter valued at about $514,000. Integrated Wealth Concepts LLC grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 207,876 shares of the company’s stock worth $4,638,000 after purchasing an additional 1,760 shares in the last quarter. RFG Advisory LLC grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 7.8% in the 2nd quarter. RFG Advisory LLC now owns 56,623 shares of the company’s stock worth $1,263,000 after purchasing an additional 4,111 shares in the last quarter. Baird Financial Group Inc. increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 0.3% in the 2nd quarter. Baird Financial Group Inc. now owns 1,078,449 shares of the company’s stock valued at $24,060,000 after buying an additional 3,273 shares during the last quarter. Finally, Allworth Financial LP increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 5.7% in the 2nd quarter. Allworth Financial LP now owns 37,679 shares of the company’s stock valued at $853,000 after buying an additional 2,033 shares during the last quarter.
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.
Read More
- Five stocks we like better than SPDR Portfolio Mortgage Backed Bond ETF
- Gold Defied the Fed’s Rate Hike—These 3 Plays Stand Out
- Thor Industries Is Boring—And That May Be Its Biggest Advantage
- Full Throttle: Kratos and GE Fire Up a Next-Gen Defense Engine
- Sandisk Joins the S&P 100—Is the Index Flow, or the AI Story, Driving the Stock?
Receive News & Ratings for SPDR Portfolio Mortgage Backed Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Mortgage Backed Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
