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
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 525 | $11,820.24 | $11,631.37 | -$188.87 | -1.6% |
Steven Scruggs FPA Queens Road Small Cap Value Fund | 23,794 | $514,744.07 | $527,037.1 | $12,293.03 | 2.39% |
Adams Wealth Management Adams Wealth Management | 96,061 | $2.13M | $2.13M | -$2,040.08 | -0.1% |
| XPN XY Planning Network Inc. XY Planning Network Inc. | 12,331 | $275,351 | $272,761.72 | -$2,589.28 | -0.94% |
| JE Jean Elzayek Householder Group Estate & Retirement Specialist LLC | 6,327 | $137,175.15 | $140,142.42 | $2,967.27 | 2.16% |
| ARCA Exchange | US Country |
This company operates as an investment fund focused primarily on investing in securities that comprise a specific index designed to track the performance of the U.S. agency mortgage pass-through segment of the U.S. investment grade bond market. The fund's investment strategy involves allocating at least 80% of its total assets into securities that are part of this index or possess economic characteristics closely matching those of the index's securities. By doing so, the fund aims to provide its investors with exposure to the performance of U.S. investment-grade agency mortgage-backed securities.
The fund’s core strategy revolves around investing a major portion of its assets into securities that make up a specified index tracking the U.S. agency mortgage pass-through market. This approach is intended to mirror the performance of this particular segment, allowing investors to benefit from the dynamics of the U.S. investment grade bond market.
In addition to index-based securities, the fund also diversifies its portfolio by investing in securities that, while not part of the specified index, are determined by the Adviser to have economic characteristics substantially identical to those that comprise the index. This strategy is aimed at optimizing the fund’s performance through a broader exposure to the economic factors driving the U.S. agency mortgage pass-through market.