MBG Crosses Above Key Moving Average Level
In trading on Friday, shares of the SPDR Barclays Mortgage Backed Bond ETF (MBG) crossed above their 200 day moving average of $26.89, changing hands as high as $27.03 per share. SPDR Barclays Mortgage Backed Bond shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of MBG shares, versus its 200 day moving average:
Looking at the chart above, MBG's low point in its 52 week range is $26.13 per share, with $27.83 as the 52 week high point — that compares with a last trade of $26.98.
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