Financial Life Advisors Has $19.72 Million Stock Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Financial Life Advisors lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 6.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 878,658 shares of the company’s stock after buying an additional 52,985 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF comprises about 6.3% of Financial Life Advisors’ portfolio, making the stock its 4th largest holding. Financial Life Advisors owned approximately 0.30% of SPDR Portfolio Mortgage Backed Bond ETF worth $19,717,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. AlphaCore Capital LLC grew its stake in SPDR Portfolio Mortgage Backed Bond ETF by 666.7% during the second quarter. AlphaCore Capital LLC now owns 1,150 shares of the company’s stock worth $25,000 after buying an additional 1,000 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the second quarter worth $39,000. Root Financial Partners LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 3rd quarter valued at approximately $65,000. CoreCap Advisors LLC raised its stake in SPDR Portfolio Mortgage Backed Bond ETF by 145.8% during the third quarter. CoreCap Advisors LLC now owns 2,969 shares of the company’s stock worth $67,000 after buying an additional 1,761 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 185.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock valued at $68,000 after purchasing an additional 2,008 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of NYSEARCA SPMB opened at $22.57 on Friday. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.36 and a 12-month high of $22.72. The company’s fifty day simple moving average is $22.49 and its 200 day simple moving average is $22.37.

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.