Raymond James & Associates Buys 18,620 Shares of iShares MBS ETF (MBB)
Raymond James & Associates increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 228,232 shares of the company’s stock after acquiring an additional 18,620 shares during the period. Raymond James & Associates owned approximately 0.20% of iShares MBS ETF worth $23,777,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Synovus Financial Corp acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at approximately $115,000. Proficio Capital Partners LLC acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at approximately $130,000. Gables Capital Management Inc. acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at approximately $167,000. AdvisorNet Financial Inc raised its position in shares of iShares MBS ETF by 267.2% in the 1st quarter. AdvisorNet Financial Inc now owns 1,689 shares of the company’s stock valued at $177,000 after purchasing an additional 1,229 shares in the last quarter. Finally, Archford Capital Strategies LLC acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at approximately $181,000.
Shares of MBB opened at $103.48 on Thursday. iShares MBS ETF has a 52-week low of $102.93 and a 52-week high of $107.42.
iShares MBS ETF 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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