Cary Street Partners Asset Management LLC Has $4.60 Million Stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB)

Cary Street Partners Asset Management LLC raised its stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 1.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 204,102 shares of the company’s stock after purchasing an additional 3,765 shares during the period. Cary Street Partners Asset Management LLC owned 0.09% of SPDR Portfolio Mortgage Backed Bond ETF worth $4,598,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF in the second quarter valued at $34,000. Richardson Financial Services Inc. bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the first quarter worth about $35,000. Farther Finance Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 52.2% during the third quarter. Farther Finance Advisors LLC now owns 2,573 shares of the company’s stock worth $58,000 after acquiring an additional 882 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth about $220,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth about $488,000.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

NYSEARCA:SPMB opened at $21.76 on Tuesday. The firm has a 50-day moving average of $22.32 and a 200-day moving average of $21.90. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $20.59 and a one year high of $22.76.

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.