SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 13.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,727,616 shares of the company’s stock after purchasing an additional 566,093 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF comprises 1.5% of Confluence Investment Management LLC’s portfolio, making the stock its 27th largest position. Confluence Investment Management LLC owned approximately 1.77% of SPDR Portfolio Mortgage Backed Bond ETF worth $104,480,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SPMB. Collier Financial acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 1st quarter worth approximately $11,532,000. Ameriprise Financial Inc. grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 9.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,654,235 shares of the company’s stock worth $58,530,000 after buying an additional 227,244 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 4,379.3% in the 1st quarter. Farther Finance Advisors LLC now owns 109,475 shares of the company’s stock worth $2,418,000 after buying an additional 107,031 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 29.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 152,307 shares of the company’s stock worth $3,358,000 after buying an additional 34,448 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 194.6% in the 1st quarter. Golden State Wealth Management LLC now owns 47,684 shares of the company’s stock worth $1,051,000 after buying an additional 31,498 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPMB stock opened at $22.52 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.20 and a 12-month high of $22.76. The business has a 50 day simple moving average of $22.06 and a 200 day simple moving average of $21.92.

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.