Alpha Cubed Investments LLC Has $5.55 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Alpha Cubed Investments LLC cut its position in shares of iShares MBS ETF (NASDAQ:MBB) by 1.1% during the third quarter, Holdings Channel reports. The institutional investor owned 51,236 shares of the company’s stock after selling 595 shares during the quarter. Alpha Cubed Investments LLC’s holdings in iShares MBS ETF were worth $5,549,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in MBB. Litman Gregory Asset Management LLC acquired a new stake in iShares MBS ETF during the second quarter valued at approximately $29,000. MCF Advisors LLC acquired a new stake in iShares MBS ETF during the second quarter valued at approximately $31,000. Gemmer Asset Management LLC acquired a new stake in iShares MBS ETF during the third quarter valued at approximately $35,000. Vigilant Capital Management LLC acquired a new stake in iShares MBS ETF during the second quarter valued at approximately $36,000. Finally, Sterling Investment Advisors Ltd. acquired a new stake in iShares MBS ETF during the second quarter valued at approximately $36,000.

NASDAQ MBB opened at $108.02 on Friday. The stock’s 50 day moving average is $108.16 and its two-hundred day moving average is $107.26. iShares MBS ETF has a 1-year low of $101.75 and a 1-year high of $108.53.

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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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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