OmniStar Financial Group Inc. bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,683 shares of the company’s stock, valued at approximately $406,000.
Several other hedge funds and other institutional investors have also modified their holdings of MBB. Charles Schwab Investment Management Inc. grew its position in shares of iShares MBS ETF by 23.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,154,639 shares of the company’s stock worth $1,452,272,000 after purchasing an additional 2,538,609 shares in the last quarter. CWM LLC raised its position in iShares MBS ETF by 666.4% during the 4th quarter. CWM LLC now owns 1,171,163 shares of the company’s stock valued at $128,980,000 after purchasing an additional 1,018,342 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of iShares MBS ETF by 2,758.4% in the 4th quarter. Park Avenue Securities LLC now owns 692,881 shares of the company’s stock valued at $76,307,000 after acquiring an additional 668,641 shares during the period. Fisher Asset Management LLC grew its stake in iShares MBS ETF by 7.4% during the 4th quarter. Fisher Asset Management LLC now owns 8,651,922 shares of the company’s stock worth $952,836,000 after buying an additional 598,064 shares during the last quarter. Finally, Capital Investment Advisors LLC lifted its holdings in shares of iShares MBS ETF by 15,619.5% in the 3rd quarter. Capital Investment Advisors LLC now owns 590,580 shares of the company’s stock valued at $65,200,000 after buying an additional 586,823 shares during the period.
MBB stock opened at $109.61 on Tuesday. The business has a 50 day simple moving average of $110.10 and a 200-day simple moving average of $110.09. iShares MBS ETF has a 1 year low of $104.79 and a 1 year high of $111.31.
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).
Further Reading: Market Perform
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