Elevation Point Wealth Partners LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 153.0% during the first quarter, HoldingsChannel reports. The fund owned 100,537 shares of the company’s stock after purchasing an additional 60,794 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares MBS ETF were worth $9,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of MBB. Bank of America Corp DE boosted its holdings in iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after purchasing an additional 7,566,099 shares during the period. LPL Financial LLC increased its position in shares of iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after purchasing an additional 1,104,895 shares during the last quarter. TIAA Trust National Association grew its position in iShares MBS ETF by 2.5% during the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after acquiring an additional 646,390 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares MBS ETF by 2.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock worth $1,357,703,000 after purchasing an additional 284,484 shares during the period. Finally, Morgan Stanley lifted its stake in shares of iShares MBS ETF by 4.1% in the 4th quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock valued at $938,142,000 after acquiring an additional 383,629 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.
iShares MBS ETF Price Performance
NASDAQ:MBB opened at $94.13 on Friday. The business has a 50 day moving average price of $94.39 and a 200-day moving average price of $95.07. iShares MBS ETF has a fifty-two week low of $92.40 and a fifty-two week high of $96.96.
iShares MBS ETF Announces 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).
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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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