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Assetmark Inc. raised its holdings in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,741,982 shares of the company's stock after buying an additional 83,017 shares during the period. Assetmark Inc.
Confluence Investment Management LLC boosted its holdings in shares of SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 0.9% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,260,018 shares of the company's stock after purchasing an additional 37,799 shares during
SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB - Get Free Report) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 568,323 shares, an increase of 137.5% from the February 12th total of 239,312 shares. Approximately 0.2% of the shares of the stock are
Altfest L J and Co. Inc. boosted its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 2.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 831,705 shares of the company's stock after purchasing an additional 22,568 shares during the
Boltwood Capital Management increased its position in SPDR Portfolio Mortgage Backed Bond ETF (NYSEARCA:SPMB) by 36.9% in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 156,679 shares of the company's stock after purchasing an additional 42,265 shares during
Mortgage-backed securities (MBSs) ETFs have, somewhat quietly, welcomed some big new players in the past year. Just this week, Eaton Vance debuted the Eaton Vance Mortgage Opportunities ETF (EVMO).
2024 has marked a pivot of economic conditions that investors should consider. Over the past two years, we saw rampant inflation, rapid rate hikes, negative real rates, an earnings recession, tight corporate balance sheets as wages increased, and a recession that never manifested.
The SPDR Portfolio Mortgage Backed Bond ETF aims to provide broad exposure to U.S. agency mortgage backed securities. SPMB's holdings are all rated AAA, indicating low default risk, however, yields may be lower due to limited credit risk and the current inverted yield curve. Despite recent challenges in the MBS market, SPMB is now attractive as the economy moves into a recession.