SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB – Get Free Report) shares rose 0.5% during trading on Monday . The stock traded as high as $21.63 and last traded at $21.57. Approximately 704,220 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 847,380 shares. The stock had previously closed at $21.46.
SPDR Portfolio Mortgage Backed Bond ETF Price Performance
The stock’s 50 day moving average is $21.81 and its two-hundred day moving average is $22.03.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $220,000. Cambridge Investment Research Advisors Inc. boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 11.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 49,348 shares of the company’s stock valued at $1,064,000 after purchasing an additional 4,900 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at approximately $34,000. One Capital Management LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth approximately $543,000. Finally, Certified Advisory Corp increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 3.4% during the 2nd quarter. Certified Advisory Corp now owns 318,941 shares of the company’s stock worth $6,880,000 after acquiring an additional 10,433 shares during the period.
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.
Featured Stories
- Five stocks we like better than SPDR Portfolio Mortgage Backed Bond ETF
- Top Biotech Stocks: Exploring Innovation Opportunities
- 3 Must-Hold Stocks with Double-Digit Upside for 2025
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Micron: Why Now Is the Time to Be Brave
- How to Buy Cheap Stocks Step by Step
- 3 Stocks That Wall Street Insiders Can’t Stop Buying
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.