Financial Plan Inc. Has $28.47 Million Stock Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Financial Plan Inc. raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 22.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,271,622 shares of the company’s stock after acquiring an additional 233,762 shares during the period. SPDR Portfolio Mortgage Backed Bond ETF makes up 3.1% of Financial Plan Inc.’s holdings, making the stock its 11th largest position. Financial Plan Inc. owned 0.41% of SPDR Portfolio Mortgage Backed Bond ETF worth $28,472,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. State Street Corp grew its stake 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 worth $129,465,000 after purchasing an additional 1,843,991 shares during the period. NewEdge Advisors LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 185.1% during the second quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock worth $68,000 after buying an additional 2,008 shares during the last quarter. Diversify Advisory Services LLC grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 7.4% during the 2nd quarter. Diversify Advisory Services LLC now owns 81,062 shares of the company’s stock worth $1,787,000 after buying an additional 5,606 shares during the period. Quantinno Capital Management LP acquired a new position in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth about $455,000. Finally, Raymond James Financial Inc. increased its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.2% in the 2nd quarter. Raymond James Financial Inc. now owns 150,826 shares of the company’s stock valued at $3,333,000 after acquiring an additional 12,716 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Up 0.1%

Shares of NYSEARCA:SPMB opened at $22.20 on Friday. The firm’s 50 day simple moving average is $22.26 and its 200 day simple moving average is $22.41. SPDR Portfolio Mortgage Backed Bond ETF has a fifty-two week low of $21.76 and a fifty-two week high of $22.87.

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.