Boltwood Capital Management Purchases 42,265 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Boltwood Capital Management increased its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 36.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 156,679 shares of the company’s stock after purchasing an additional 42,265 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF makes up 0.9% of Boltwood Capital Management’s portfolio, making the stock its 28th largest holding. Boltwood Capital Management owned approximately 0.06% of SPDR Portfolio Mortgage Backed Bond ETF worth $3,516,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. AlphaCore Capital LLC raised its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 666.7% in the 2nd quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock valued at $25,000 after buying an additional 1,000 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at about $39,000. NewEdge Advisors LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 185.1% in the second quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock valued at $68,000 after acquiring an additional 2,008 shares during the period. PNC Financial Services Group Inc. raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 622.5% in the second quarter. PNC Financial Services Group Inc. now owns 3,757 shares of the company’s stock worth $83,000 after purchasing an additional 3,237 shares in the last quarter. Finally, Sachetta LLC raised its position in 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 worth $160,000 after purchasing an additional 5,897 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Up 0.1%

NYSEARCA SPMB opened at $22.46 on Tuesday. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.20 and a 1-year high of $22.72. The stock’s 50 day moving average is $22.53 and its two-hundred day moving average is $22.23.

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.