Benjamin Edwards Inc. Sells 456,315 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Benjamin Edwards Inc. cut its stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 7.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,779,137 shares of the company’s stock after selling 456,315 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF makes up about 1.5% of Benjamin Edwards Inc.’s holdings, making the stock its 4th largest holding. Benjamin Edwards Inc. owned approximately 2.02% of SPDR Portfolio Mortgage Backed Bond ETF worth $129,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SPMB. Donald L. Hagan LLC boosted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 1.2% during the third quarter. Donald L. Hagan LLC now owns 43,114 shares of the company’s stock worth $967,000 after buying an additional 505 shares during the last quarter. Norden Group LLC raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.7% during the 3rd quarter. Norden Group LLC now owns 32,718 shares of the company’s stock worth $734,000 after acquiring an additional 538 shares during the period. Strategic Blueprint LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.7% during the 3rd quarter. Strategic Blueprint LLC now owns 84,568 shares of the company’s stock valued at $1,898,000 after acquiring an additional 581 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.7% in the second quarter. IFP Advisors Inc now owns 33,663 shares of the company’s stock valued at $744,000 after purchasing an additional 875 shares during the period. Finally, AlphaCore Capital LLC grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 666.7% in the second quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock valued at $25,000 after purchasing an additional 1,000 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.46 on Thursday. The company has a 50-day moving average price of $22.48 and a 200 day moving average price of $22.31. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.20 and a 12-month high of $22.72.

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.