SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Bought by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 18.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 210,909 shares of the company’s stock after purchasing an additional 33,429 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF accounts for approximately 2.2% of Midwest Capital Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Midwest Capital Advisors LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $4,722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.5% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock worth $4,231,117,000 after purchasing an additional 2,759,654 shares in the last quarter. State Street Corp grew its stake in SPDR Portfolio Mortgage Backed Bond ETF by 69.8% during the 4th quarter. State Street Corp now owns 5,020,182 shares of the company’s stock worth $112,527,000 after buying an additional 2,064,451 shares during the last quarter. LPL Financial LLC increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 10.8% during the 4th quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after buying an additional 1,974,582 shares in the last quarter. Financial Plan Inc. purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter valued at about $23,264,000. Finally, 93 Financial Group LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the fourth quarter worth about $16,956,000.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of SPMB stock opened at $22.18 on Thursday. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $21.76 and a fifty-two week high of $22.87. The stock’s 50-day simple moving average is $22.26 and its 200-day simple moving average is $22.41.

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.