AE Wealth Management LLC Sells 11,687 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

AE Wealth Management LLC lessened its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 26.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,653 shares of the company’s stock after selling 11,687 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $722,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth approximately $39,000. Sachetta LLC raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 437.1% in the second quarter. Sachetta LLC now owns 7,246 shares of the company’s stock valued at $160,000 after purchasing an additional 5,897 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF in the first quarter worth $446,000. Belpointe Asset Management LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 27.4% in the second quarter. Belpointe Asset Management LLC now owns 21,179 shares of the company’s stock worth $468,000 after buying an additional 4,556 shares during the last quarter. Finally, Norden Group LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.1% during the 2nd quarter. Norden Group LLC now owns 32,180 shares of the company’s stock worth $711,000 after buying an additional 2,940 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.2%

NYSEARCA:SPMB opened at $22.47 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 1 year low of $21.20 and a 1 year high of $22.72. The firm’s fifty day simple moving average is $22.51 and its 200 day simple moving average is $22.11.

SPDR Portfolio Mortgage Backed Bond ETF 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.