Foster & Motley Inc. Has $318,000 Position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB)

Foster & Motley Inc. lessened its stake in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 21.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,417 shares of the company’s stock after selling 3,915 shares during the period. Foster & Motley Inc.’s holdings in SPDR Portfolio Mortgage Backed Bond ETF were worth $318,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Financial Engines Advisors L.L.C. raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 5.4% during the third quarter. Financial Engines Advisors L.L.C. now owns 158,268,550 shares of the company’s stock worth $3,291,986,000 after buying an additional 8,057,112 shares during the last quarter. CX Institutional raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 14.6% during the third quarter. CX Institutional now owns 1,250,972 shares of the company’s stock worth $25,990,000 after buying an additional 159,086 shares during the last quarter. Certified Advisory Corp raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 6.7% during the third quarter. Certified Advisory Corp now owns 295,961 shares of the company’s stock worth $5,673,000 after buying an additional 18,501 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 14.7% during the third quarter. GPS Wealth Strategies Group LLC now owns 158,424 shares of the company’s stock worth $3,295,000 after buying an additional 20,343 shares during the last quarter. Finally, Arden Trust Co raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF by 15.3% during the fourth quarter. Arden Trust Co now owns 111,231 shares of the company’s stock worth $2,455,000 after buying an additional 14,785 shares during the last quarter.

SPDR Portfolio Mortgage Backed Bond ETF Stock Performance

SPMB opened at $21.08 on Thursday. The company’s fifty day moving average price is $21.48 and its two-hundred day moving average price is $21.39. SPDR Portfolio Mortgage Backed Bond ETF has a 1-year low of $20.00 and a 1-year high of $22.43.

SPDR Portfolio Mortgage Backed Bond ETF 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.