Bank of New York Mellon Corp Buys 19,388 Shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB)

Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 60.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,316 shares of the company’s stock after acquiring an additional 19,388 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $1,106,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crews Bank & Trust bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the fourth quarter worth about $106,000. Golden State Wealth Management LLC acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF in the 4th quarter valued at approximately $349,000. Private Trust Co. NA lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 29.2% during the 3rd quarter. Private Trust Co. NA now owns 22,440 shares of the company’s stock worth $506,000 after acquiring an additional 5,070 shares during the period. Strategic Blueprint LLC boosted its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 89.8% during the 4th quarter. Strategic Blueprint LLC now owns 55,923 shares of the company’s stock worth $1,205,000 after acquiring an additional 26,454 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in SPDR Portfolio Mortgage Backed Bond ETF by 8.7% in the third quarter. Integrated Wealth Concepts LLC now owns 115,583 shares of the company’s stock valued at $2,604,000 after acquiring an additional 9,287 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

NYSEARCA SPMB opened at $21.89 on Tuesday. The business has a fifty day moving average price of $21.77 and a two-hundred day moving average price of $21.91. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $20.92 and a fifty-two week high of $22.76.

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.