SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) Short Interest Update

SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 248,013 shares, a decline of 50.3% from the June 30th total of 499,297 shares. Based on an average daily trading volume, of 1,120,997 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.5%

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock traded up $0.10 during midday trading on Tuesday, hitting $22.13. The company had a trading volume of 321,877 shares, compared to its average volume of 1,021,027. The business’s 50 day simple moving average is $22.19 and its two-hundred day simple moving average is $22.37. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.88 and a 1-year high of $22.87.

Institutional Trading of SPDR Portfolio Mortgage Backed Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Financial Engines Advisors L.L.C. increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.5% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 188,762,736 shares of the company’s stock worth $4,231,117,000 after purchasing an additional 2,759,654 shares during the period. State Street Corp lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 69.8% in the fourth quarter. State Street Corp now owns 5,020,182 shares of the company’s stock valued at $112,527,000 after buying an additional 2,064,451 shares during the period. LPL Financial LLC lifted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 10.8% in the fourth quarter. LPL Financial LLC now owns 20,238,970 shares of the company’s stock valued at $453,656,000 after buying an additional 1,974,582 shares during the period. Financial Plan Inc. acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter worth about $23,264,000. Finally, 93 Financial Group LLC acquired a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter worth about $16,956,000.

About SPDR Portfolio Mortgage Backed Bond ETF

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.