Howard Bailey Securities LLC Sells 110,198 Shares of SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Howard Bailey Securities LLC cut its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 85.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,266 shares of the company’s stock after selling 110,198 shares during the period. Howard Bailey Securities LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 10.8% during the 4th quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock worth $453,656,000 after buying an additional 1,974,582 shares in the last quarter. Vise Technologies Inc. lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 146.4% during the 4th quarter. Vise Technologies Inc. now owns 132,595 shares of the company’s stock worth $2,972,000 after buying an additional 78,775 shares in the last quarter. WCG Wealth Advisors LLC bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter worth about $297,000. Measured Wealth Private Client Group LLC lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 34.2% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 6,044 shares of the company’s stock worth $135,000 after buying an additional 1,540 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in SPDR Portfolio Mortgage Backed Bond ETF by 10.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 179,023 shares of the company’s stock worth $4,013,000 after buying an additional 16,477 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of NYSEARCA:SPMB opened at $22.09 on Tuesday. The company’s 50-day moving average price is $22.30 and its two-hundred day moving average price is $22.44. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.61 and a one year 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.