SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Bought by Confluence Investment Management LLC

Confluence Investment Management LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,260,018 shares of the company’s stock after purchasing an additional 37,799 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF makes up approximately 1.4% of Confluence Investment Management LLC’s holdings, making the stock its 28th largest holding. Confluence Investment Management LLC owned about 1.44% of SPDR Portfolio Mortgage Backed Bond ETF worth $95,488,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. State Street Corp raised its stake 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 buying an additional 1,843,991 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 186,003,082 shares of the company’s stock worth $4,173,909,000 after buying an additional 1,667,127 shares during the last quarter. Collier Financial acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 3rd quarter worth approximately $13,167,000. Citadel Advisors LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 4,797.8% in the 3rd quarter. Citadel Advisors LLC now owns 361,727 shares of the company’s stock worth $8,117,000 after acquiring an additional 369,427 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.8% in the 3rd 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 during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPMB stock opened at $22.40 on Friday. The stock’s 50 day simple moving average is $22.57 and its 200 day simple moving average is $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 company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.0695 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend 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.