SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 675,935 shares, a growth of 18.9% from the February 26th total of 568,323 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 776,604 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On SPDR Portfolio Mortgage Backed Bond ETF

Several institutional investors have recently bought and sold shares of SPMB. Financial Engines Advisors L.L.C. increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.5% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock worth $4,231,117,000 after purchasing an additional 2,759,654 shares in the last quarter. LPL Financial LLC raised its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% in the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after buying an additional 1,974,582 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.4% in the fourth quarter. Stifel Financial Corp now owns 7,602,932 shares of the company’s stock worth $170,420,000 after buying an additional 523,944 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 5.9% in the fourth quarter. Benjamin Edwards Inc. now owns 6,119,180 shares of the company’s stock worth $137,160,000 after buying an additional 340,043 shares in the last quarter. Finally, State Street Corp boosted 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 worth $129,465,000 after acquiring an additional 1,843,991 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Down 0.3%

SPMB opened at $22.33 on Thursday. The firm’s fifty day simple moving average is $22.52 and its two-hundred day simple moving average is $22.51. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.36 and a 52-week high of $22.87.

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.