SPDR Portfolio Mortgage Backed Bond ETF $SPMB Stock Holdings Lifted by Boltwood Capital Management

Boltwood Capital Management grew its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 17.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 184,236 shares of the company’s stock after purchasing an additional 27,557 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF comprises about 1.1% of Boltwood Capital Management’s holdings, making the stock its 25th largest position. Boltwood Capital Management owned approximately 0.06% of SPDR Portfolio Mortgage Backed Bond ETF worth $4,130,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Engines Advisors L.L.C. grew its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.9% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 186,003,082 shares of the company’s stock valued at $4,173,909,000 after buying an additional 1,667,127 shares in the last quarter. State Street Corp raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 45.9% during the second quarter. State Street Corp now owns 5,858,146 shares of the company’s stock valued at $129,465,000 after acquiring an additional 1,843,991 shares in the last quarter. Ameriprise Financial Inc. raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 9.8% during the third quarter. Ameriprise Financial Inc. now owns 3,040,135 shares of the company’s stock valued at $68,095,000 after acquiring an additional 271,777 shares in the last quarter. CWM LLC lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 8.2% in the third quarter. CWM LLC now owns 2,227,844 shares of the company’s stock valued at $49,993,000 after acquiring an additional 169,472 shares during the last quarter. Finally, Advisory Alpha LLC lifted its stake in SPDR Portfolio Mortgage Backed Bond ETF by 5.3% in the third quarter. Advisory Alpha LLC now owns 2,196,521 shares of the company’s stock valued at $49,312,000 after acquiring an additional 110,048 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPMB stock opened at $22.39 on Thursday. The firm has a 50 day moving average of $22.57 and a two-hundred day moving average of $22.51. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.36 and a 12 month high of $22.87.

SPDR Portfolio Mortgage Backed Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.0695 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.