SPDR Portfolio Mortgage Backed Bond ETF $SPMB Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC lifted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,196,521 shares of the company’s stock after acquiring an additional 110,048 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF accounts for about 1.4% of Advisory Alpha LLC’s holdings, making the stock its 15th biggest position. Advisory Alpha LLC owned about 0.76% of SPDR Portfolio Mortgage Backed Bond ETF worth $49,312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Osaic Holdings Inc. increased its position in SPDR Portfolio Mortgage Backed Bond ETF by 82.2% during the 2nd quarter. Osaic Holdings Inc. now owns 225,714 shares of the company’s stock worth $4,984,000 after purchasing an additional 101,830 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the third quarter valued at approximately $1,009,000. Baird Financial Group Inc. boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 12.8% during the second quarter. Baird Financial Group Inc. now owns 310,301 shares of the company’s stock worth $6,858,000 after acquiring an additional 35,330 shares during the last quarter. Altfest L J & Co. Inc. grew its stake in SPDR Portfolio Mortgage Backed Bond ETF by 2.8% in the 3rd quarter. Altfest L J & Co. Inc. now owns 831,705 shares of the company’s stock worth $18,663,000 after acquiring an additional 22,568 shares during the period. Finally, CacheTech Inc. purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the 2nd quarter worth approximately $2,190,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.62 on Thursday. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $21.36 and a fifty-two week high of $22.87. The business’s fifty day moving average is $22.56 and its two-hundred day moving average is $22.49.

SPDR Portfolio Mortgage Backed Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be paid a $0.0695 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, March 2nd.

About SPDR Portfolio Mortgage Backed Bond ETF

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.