SPDR Portfolio Mortgage Backed Bond ETF $SPMB Stock Position Raised by RFG Advisory LLC

RFG Advisory LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 753.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 280,679 shares of the company’s stock after purchasing an additional 247,798 shares during the period. RFG Advisory LLC owned 0.10% of SPDR Portfolio Mortgage Backed Bond ETF worth $6,298,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. State Street Corp grew its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 45.9% during the second quarter. State Street Corp now owns 5,858,146 shares of the company’s stock valued at $129,465,000 after buying an additional 1,843,991 shares in the last quarter. Ameriprise Financial Inc. boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 4.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,768,358 shares of the company’s stock worth $61,177,000 after acquiring an additional 114,123 shares during the period. CWM LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 8.2% during the 3rd quarter. CWM LLC now owns 2,227,844 shares of the company’s stock worth $49,993,000 after acquiring an additional 169,472 shares during the period. Advisory Alpha LLC grew its stake in SPDR Portfolio Mortgage Backed Bond ETF by 5.4% during the 2nd quarter. Advisory Alpha LLC now owns 2,086,473 shares of the company’s stock valued at $46,111,000 after acquiring an additional 107,653 shares in the last quarter. Finally, Compton Financial Group LLC increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 14.9% in the 2nd quarter. Compton Financial Group LLC now owns 1,862,493 shares of the company’s stock valued at $41,161,000 after purchasing an additional 241,486 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

NYSEARCA SPMB opened at $22.52 on Monday. The company has a 50 day simple moving average of $22.48 and a 200-day simple moving average of $22.40. SPDR Portfolio Mortgage Backed Bond ETF has a 52-week low of $21.36 and a 52-week high of $22.72.

SPDR Portfolio Mortgage Backed Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0715 per share. This is an increase from SPDR Portfolio Mortgage Backed Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend 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.