SPDR Portfolio Mortgage Backed Bond ETF $SPMB is Compton Financial Group LLC’s 4th Largest Position

Compton Financial Group LLC trimmed its position in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 16.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 1,762,070 shares of the company’s stock after selling 336,169 shares during the quarter. SPDR Portfolio Mortgage Backed Bond ETF makes up about 8.7% of Compton Financial Group LLC’s portfolio, making the stock its 4th biggest position. Compton Financial Group LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $39,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPMB. Assetmark Inc. increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 5.0% during the fourth quarter. Assetmark Inc. now owns 1,741,982 shares of the company’s stock worth $39,047,000 after acquiring an additional 83,017 shares during the period. Confluence Investment Management LLC increased its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% during the 4th quarter. Confluence Investment Management LLC now owns 4,260,018 shares of the company’s stock worth $95,488,000 after purchasing an additional 37,799 shares during the period. True North Advisors LLC purchased a new position in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter worth $553,000. Q3 Asset Management bought a new stake in SPDR Portfolio Mortgage Backed Bond ETF during the 4th quarter valued at $2,882,000. Finally, Boltwood Capital Management raised its position in SPDR Portfolio Mortgage Backed Bond ETF by 17.6% during the 4th quarter. Boltwood Capital Management now owns 184,236 shares of the company’s stock valued at $4,130,000 after purchasing an additional 27,557 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of SPMB stock opened at $22.20 on Monday. SPDR Portfolio Mortgage Backed Bond ETF has a twelve month low of $21.76 and a twelve month high of $22.87. The stock has a fifty day simple moving average of $22.25 and a two-hundred day simple moving average of $22.41.

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.