Midwest Capital Advisors LLC Sells 52,120 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Midwest Capital Advisors LLC reduced its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 22.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 179,671 shares of the company’s stock after selling 52,120 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF comprises about 1.9% of Midwest Capital Advisors LLC’s holdings, making the stock its 17th biggest holding. Midwest Capital Advisors LLC owned 0.06% of SPDR Portfolio Mortgage Backed Bond ETF worth $4,032,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Donald L. Hagan LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 1.2% in the 3rd quarter. Donald L. Hagan LLC now owns 43,114 shares of the company’s stock valued at $967,000 after purchasing an additional 505 shares during the period. Norden Group LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 1.7% in the 3rd quarter. Norden Group LLC now owns 32,718 shares of the company’s stock worth $734,000 after acquiring an additional 538 shares during the last quarter. Strategic Blueprint LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 0.7% during the 3rd quarter. Strategic Blueprint LLC now owns 84,568 shares of the company’s stock valued at $1,898,000 after acquiring an additional 581 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 2.7% during the second quarter. IFP Advisors Inc now owns 33,663 shares of the company’s stock worth $744,000 after purchasing an additional 875 shares in the last quarter. Finally, AlphaCore Capital LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 666.7% in the second quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock worth $25,000 after purchasing an additional 1,000 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPMB stock opened at $22.55 on Wednesday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.22 and a one year high of $22.72. The firm has a 50 day simple moving average of $22.48 and a two-hundred day simple moving average of $22.33.

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.