Diversify Wealth Management LLC Has $2.22 Million Stock Holdings in SPDR Portfolio Mortgage Backed Bond ETF $SPMB

Diversify Wealth Management LLC increased its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 368.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,734 shares of the company’s stock after purchasing an additional 78,426 shares during the quarter. Diversify Wealth Management LLC’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $2,223,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Sound Income Strategies LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 76.8% during the 4th quarter. Sound Income Strategies LLC now owns 1,197 shares of the company’s stock worth $27,000 after buying an additional 520 shares during the period. Guidance Capital Inc. boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 1.3% in the fourth quarter. Guidance Capital Inc. now owns 45,513 shares of the company’s stock valued at $1,023,000 after buying an additional 565 shares during the period. Heritage Family Offices LLP boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.1% in the fourth quarter. Heritage Family Offices LLP now owns 10,124 shares of the company’s stock valued at $227,000 after buying an additional 761 shares during the period. Crewe Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 95.7% during the fourth quarter. Crewe Advisors LLC now owns 1,564 shares of the company’s stock worth $35,000 after acquiring an additional 765 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of SPDR Portfolio Mortgage Backed Bond ETF by 8.4% during the fourth quarter. HighTower Advisors LLC now owns 10,582 shares of the company’s stock worth $237,000 after acquiring an additional 816 shares in the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

Shares of NYSEARCA:SPMB opened at $22.02 on Tuesday. SPDR Portfolio Mortgage Backed Bond ETF has a 12 month low of $21.76 and a 12 month high of $22.87. The company’s fifty day simple moving average is $22.22 and its 200 day simple moving average is $22.39.

SPDR Portfolio Mortgage Backed Bond ETF Company Profile

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.