LPL Financial LLC Boosts Stake in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

LPL Financial LLC raised its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 10.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,238,970 shares of the company’s stock after buying an additional 1,974,582 shares during the quarter. LPL Financial LLC owned about 0.07% of SPDR Portfolio Mortgage Backed Bond ETF worth $453,656,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Financial Engines Advisors L.L.C. grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% during the third quarter. Financial Engines Advisors L.L.C. now owns 186,003,082 shares of the company’s stock worth $4,173,909,000 after buying an additional 1,667,127 shares in the last quarter. Benjamin Edwards Inc. grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 5.9% during the fourth quarter. Benjamin Edwards Inc. now owns 6,119,180 shares of the company’s stock worth $137,160,000 after buying an additional 340,043 shares in the last quarter. State Street Corp grew its position in 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 buying an additional 1,843,991 shares in the last quarter. Confluence Investment Management LLC grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 0.9% during the fourth quarter. Confluence Investment Management LLC now owns 4,260,018 shares of the company’s stock worth $95,488,000 after buying an additional 37,799 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in SPDR Portfolio Mortgage Backed Bond ETF by 9.8% during the third quarter. Ameriprise Financial Inc. now owns 3,040,135 shares of the company’s stock worth $68,095,000 after buying an additional 271,777 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Trading Down 0.1%

SPMB opened at $22.09 on Tuesday. The stock has a 50-day moving average price of $22.30 and a 200-day moving average price of $22.44. SPDR Portfolio Mortgage Backed Bond ETF has a 12-month low of $21.61 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.