Financial Plan Inc. Buys Shares of 1,037,860 SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Financial Plan Inc. bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,037,860 shares of the company’s stock, valued at approximately $23,264,000. SPDR Portfolio Mortgage Backed Bond ETF accounts for 2.7% of Financial Plan Inc.’s investment portfolio, making the stock its 12th biggest position. Financial Plan Inc. owned 0.35% of SPDR Portfolio Mortgage Backed Bond ETF at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 3rd quarter valued at $25,000. Sound Income Strategies LLC raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 76.8% during the 4th quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock valued at $27,000 after purchasing an additional 520 shares during the period. Financial Consulate Inc. acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at $32,000. Crewe Advisors LLC raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 95.7% during the 4th quarter. Crewe Advisors LLC now owns 1,564 shares of the company’s stock valued at $35,000 after purchasing an additional 765 shares during the period. Finally, Optima Capital LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at $36,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of NYSEARCA:SPMB opened at $22.41 on Wednesday. The company’s fifty day moving average is $22.50 and its two-hundred day moving average is $22.50. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.45 and a 12-month high of $22.87.

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.