Farmers & Merchants Investments Inc. raised its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 14.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 121,291 shares of the company’s stock after acquiring an additional 14,947 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares MBS ETF were worth $11,120,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of MBB. Alpha Financial Partners LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $2,960,000. Patten Group Inc. lifted its position in iShares MBS ETF by 5.1% during the third quarter. Patten Group Inc. now owns 4,179 shares of the company’s stock worth $400,000 after buying an additional 201 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in iShares MBS ETF by 4.4% during the third quarter. Pinnacle Bancorp Inc. now owns 8,924 shares of the company’s stock worth $855,000 after buying an additional 378 shares during the last quarter. Hudson Capital Management LLC grew its holdings in iShares MBS ETF by 1.2% in the 3rd quarter. Hudson Capital Management LLC now owns 50,084 shares of the company’s stock valued at $4,799,000 after buying an additional 577 shares in the last quarter. Finally, LVW Advisors LLC increased its stake in shares of iShares MBS ETF by 4.0% in the 3rd quarter. LVW Advisors LLC now owns 75,047 shares of the company’s stock worth $7,190,000 after acquiring an additional 2,907 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.
iShares MBS ETF Trading Down 0.2 %
NASDAQ MBB opened at $92.18 on Friday. The business’s fifty day simple moving average is $92.04 and its 200-day simple moving average is $93.53. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.
iShares MBS ETF Increases 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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