Retirement Capital Strategies Raises Position in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Retirement Capital Strategies boosted its stake in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 1,315.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 250,812 shares of the company’s stock after buying an additional 233,088 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF comprises 2.1% of Retirement Capital Strategies’ holdings, making the stock its 16th largest holding. Retirement Capital Strategies’ holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $5,622,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. MML Investors Services LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 11.7% during the fourth quarter. MML Investors Services LLC now owns 25,489 shares of the company’s stock valued at $571,000 after purchasing an additional 2,671 shares during the last quarter. Mariner LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 3.8% during the fourth quarter. Mariner LLC now owns 473,686 shares of the company’s stock valued at $10,618,000 after purchasing an additional 17,172 shares during the last quarter. Fort Point Capital Partners LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 11.2% during the fourth quarter. Fort Point Capital Partners LLC now owns 58,350 shares of the company’s stock valued at $1,315,000 after purchasing an additional 5,889 shares during the last quarter. Arax Advisory Partners purchased a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter valued at approximately $106,000. Finally, Visionary Wealth Advisors lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 6.1% during the fourth quarter. Visionary Wealth Advisors now owns 159,212 shares of the company’s stock valued at $3,569,000 after purchasing an additional 9,217 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPMB stock opened at $22.27 on Monday. The firm has a 50 day moving average price of $22.29 and a 200-day moving average price of $22.43. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.73 and a 52-week high of $22.87.

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.