Clearwater Capital Advisors LLC Has $7.49 Million Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Clearwater Capital Advisors LLC lessened its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 41.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 334,027 shares of the company’s stock after selling 237,908 shares during the period. Clearwater Capital Advisors LLC owned about 0.11% of SPDR Portfolio Mortgage Backed Bond ETF worth $7,487,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SPMB. State Street Corp grew its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 45.9% during the 2nd 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 in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 185.1% during the 2nd quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock worth $68,000 after acquiring an additional 2,008 shares during the period. Diversify Advisory Services LLC lifted its holdings 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 acquiring an additional 5,606 shares during the period. Quantinno Capital Management LP bought a new stake in shares of SPDR Portfolio Mortgage Backed Bond ETF during the 2nd quarter worth approximately $455,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 9.2% during the 2nd quarter. Raymond James Financial Inc. now owns 150,826 shares of the company’s stock worth $3,333,000 after acquiring an additional 12,716 shares during the period.

SPDR Portfolio Mortgage Backed Bond ETF Price Performance

Shares of SPDR Portfolio Mortgage Backed Bond ETF stock opened at $22.16 on Monday. The company has a 50 day moving average of $22.33 and a 200-day moving average of $22.46. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $21.52 and a 1-year 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.