Graypoint LLC increased its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 1.4% in the fourth quarter, HoldingsChannel reports. The fund owned 46,245 shares of the company’s stock after purchasing an additional 630 shares during the period. Graypoint LLC’s holdings in iShares MBS ETF were worth $4,240,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Hobbs Group Advisors LLC lifted its position in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF during the 3rd quarter valued at $30,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC grew its holdings in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its holdings in iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after acquiring an additional 333 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.
iShares MBS ETF Stock Performance
Shares of NASDAQ:MBB traded down $0.65 during midday trading on Friday, hitting $90.52. 3,459,886 shares of the stock traded hands, compared to its average volume of 2,332,231. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The business’s 50 day moving average is $92.43 and its two-hundred day moving average is $93.62.
iShares MBS ETF Cuts Dividend
iShares MBS ETF Company Profile
iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).
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