SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Sold by Private Advisory Group LLC

Private Advisory Group LLC lowered its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 14.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 676,334 shares of the company’s stock after selling 113,510 shares during the period. Private Advisory Group LLC owned 0.21% of SPDR Portfolio Mortgage Backed Bond ETF worth $14,298,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SPMB. Mather Group LLC. bought a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the third quarter valued at $26,000. Compass Financial Management LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth $43,000. Emergent Wealth Advisors LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth $43,000. Jim Saulnier & Associates LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth $57,000. Finally, Avant Capital LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth $62,000.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.7%

Shares of SPMB stock opened at $21.40 on Friday. The company has a fifty day moving average price of $21.46 and a two-hundred day moving average price of $22.08. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $20.92 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.