Thrivent Financial for Lutherans Purchases Shares of 26,049 SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Thrivent Financial for Lutherans purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 26,049 shares of the company’s stock, valued at approximately $585,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Independent Advisor Alliance boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.7% during the third quarter. Independent Advisor Alliance now owns 46,512 shares of the company’s stock worth $1,044,000 after purchasing an additional 4,123 shares during the period. Financial Life Advisors raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 6.4% during the 3rd quarter. Financial Life Advisors now owns 878,658 shares of the company’s stock valued at $19,717,000 after purchasing an additional 52,985 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 27.8% in the 3rd quarter. Golden State Wealth Management LLC now owns 29,862 shares of the company’s stock worth $670,000 after buying an additional 6,498 shares during the period. AE Wealth Management LLC lifted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 76.8% in the 3rd quarter. AE Wealth Management LLC now owns 57,720 shares of the company’s stock worth $1,295,000 after buying an additional 25,067 shares during the period. Finally, Tidemark LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 6.8% in the 3rd quarter. Tidemark LLC now owns 483,178 shares of the company’s stock worth $10,843,000 after buying an additional 30,675 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

SPMB opened at $22.75 on Tuesday. The stock’s 50 day moving average price is $22.50 and its 200-day moving average price is $22.43. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.36 and a 52-week high of $22.77.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.0715 dividend. This is a boost from SPDR Portfolio Mortgage Backed Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

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.