MA Private Wealth reduced its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 53.8% in the second quarter, HoldingsChannel.com reports. The firm owned 20,023 shares of the company’s stock after selling 23,306 shares during the period. MA Private Wealth’s holdings in iShares MBS ETF were worth $1,838,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of MBB. Financial Management Professionals Inc. purchased a new position in shares of iShares MBS ETF in the first quarter worth $26,000. Versant Capital Management Inc bought a new stake in iShares MBS ETF in the 1st quarter valued at $32,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF in the 2nd quarter worth $33,000. Able Wealth Management LLC purchased a new stake in iShares MBS ETF in the 4th quarter worth $43,000. Finally, PSI Advisors LLC boosted its holdings in shares of iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.
iShares MBS ETF Stock Up 0.2 %
NASDAQ:MBB opened at $95.82 on Friday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.86. The stock’s 50 day simple moving average is $93.84 and its two-hundred day simple moving average is $92.25.
iShares MBS ETF Announces Dividend
About iShares MBS ETF
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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Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB – Free Report).
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