HighTower Advisors LLC reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 217,461 shares of the company’s stock after selling 9,672 shares during the quarter. HighTower Advisors LLC owned 0.05% of iShares MBS ETF worth $19,937,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Moors & Cabot Inc. increased its holdings in iShares MBS ETF by 5.5% in the 4th quarter. Moors & Cabot Inc. now owns 12,021 shares of the company’s stock worth $1,102,000 after purchasing an additional 630 shares in the last quarter. Natural Investments LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $861,000. Fairway Wealth LLC acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $144,000. Inspire Advisors LLC increased its stake in shares of iShares MBS ETF by 3.7% in the fourth quarter. Inspire Advisors LLC now owns 42,216 shares of the company’s stock valued at $3,870,000 after buying an additional 1,506 shares during the period. Finally, Independent Advisor Alliance acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $13,900,000. Institutional investors and hedge funds own 91.70% of the company’s stock.
iShares MBS ETF Price Performance
Shares of MBB stock opened at $93.00 on Friday. The stock has a 50-day moving average of $92.29 and a 200-day moving average of $93.27. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.
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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