Avalon Advisors LLC Sells 14,718 Shares of iShares MBS ETF (MBB)
Avalon Advisors LLC lowered its position in iShares MBS ETF (NASDAQ:MBB) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 370,460 shares of the company’s stock after selling 14,718 shares during the quarter. iShares MBS ETF makes up approximately 1.0% of Avalon Advisors LLC’s holdings, making the stock its 23rd biggest position. Avalon Advisors LLC’s holdings in iShares MBS ETF were worth $38,769,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advocacy Wealth Management Services LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at about $39,000. ERTS Wealth Advisors LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at about $42,000. Financial Gravity Companies Inc. purchased a new position in iShares MBS ETF in the fourth quarter valued at about $54,000. Essex Savings Bank purchased a new position in iShares MBS ETF in the fourth quarter valued at about $84,000. Finally, Honkamp Krueger Financial Services Inc. purchased a new position in iShares MBS ETF in the third quarter valued at about $116,000.
Shares of NASDAQ MBB opened at $105.36 on Friday. iShares MBS ETF has a one year low of $101.75 and a one year high of $105.51.
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).
Featured Story: Buy-Side Analysts
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).
Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.