CMC Financial Group Acquires Shares of 28,241 SPDR Portfolio Mortgage Backed Bond ETF $SPMB

CMC Financial Group bought a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 28,241 shares of the company’s stock, valued at approximately $632,000. SPDR Portfolio Mortgage Backed Bond ETF makes up about 1.2% of CMC Financial Group’s holdings, making the stock its 22nd biggest holding.

A number of other institutional investors also recently modified their holdings of the stock. Sound Income Strategies LLC increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 76.8% in the fourth quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock worth $27,000 after acquiring an additional 520 shares during the last quarter. Guidance Capital Inc. raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.3% during the fourth quarter. Guidance Capital Inc. now owns 45,513 shares of the company’s stock worth $1,023,000 after acquiring an additional 565 shares in the last quarter. Heritage Family Offices LLP raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.1% during the fourth quarter. Heritage Family Offices LLP now owns 10,124 shares of the company’s stock worth $227,000 after acquiring an additional 761 shares in the last quarter. Crewe Advisors LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 95.7% during the fourth quarter. Crewe Advisors LLC now owns 1,564 shares of the company’s stock valued at $35,000 after purchasing an additional 765 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in SPDR Portfolio Mortgage Backed Bond ETF by 8.4% during the fourth quarter. HighTower Advisors LLC now owns 10,582 shares of the company’s stock valued at $237,000 after purchasing an additional 816 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of NYSEARCA SPMB opened at $22.04 on Wednesday. SPDR Portfolio Mortgage Backed Bond ETF has a one year low of $21.80 and a one year high of $22.87. The business’s 50-day moving average price is $22.20 and its two-hundred day moving average price is $22.38.

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.