93 Financial Group LLC Invests $16.96 Million in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

93 Financial Group LLC bought a new position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 756,474 shares of the company’s stock, valued at approximately $16,956,000. SPDR Portfolio Mortgage Backed Bond ETF comprises approximately 7.4% of 93 Financial Group LLC’s portfolio, making the stock its 6th largest position.

Other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its holdings 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 buying an additional 1,843,991 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 185.1% in the second quarter. NewEdge Advisors LLC now owns 3,093 shares of the company’s stock valued at $68,000 after acquiring an additional 2,008 shares during the last quarter. Diversify Advisory Services LLC boosted its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 7.4% in the second quarter. Diversify Advisory Services LLC now owns 81,062 shares of the company’s stock valued at $1,787,000 after acquiring an additional 5,606 shares during the last quarter. Quantinno Capital Management LP purchased a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the second quarter valued at about $455,000. Finally, Raymond James Financial Inc. grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 9.2% during the second 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 period.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of NYSEARCA:SPMB opened at $22.29 on Friday. The business has a 50-day moving average of $22.29 and a two-hundred day moving average of $22.42. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.76 and a 12 month 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.