Eaton Vance Management Raises Stock Position in iShares MBS ETF (NASDAQ:MBB)
Eaton Vance Management raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 736.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 378,916 shares of the company’s stock after purchasing an additional 333,642 shares during the quarter. Eaton Vance Management’s holdings in iShares MBS ETF were worth $41,730,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of MBB. Safeguard Investment Advisory Group LLC purchased a new stake in shares of iShares MBS ETF in the 4th quarter worth about $25,000. Avion Wealth purchased a new stake in shares of iShares MBS ETF in the 4th quarter worth about $30,000. Simon Quick Advisors LLC purchased a new stake in shares of iShares MBS ETF in the 4th quarter worth about $32,000. Alpha DNA Investment Management LLC purchased a new stake in shares of iShares MBS ETF in the 4th quarter worth about $32,000. Finally, Investors Research Corp grew its position in shares of iShares MBS ETF by 54.0% in the 4th quarter. Investors Research Corp now owns 365 shares of the company’s stock worth $40,000 after buying an additional 128 shares during the period.
NASDAQ:MBB opened at $108.36 on Thursday. The firm’s 50-day moving average price is $108.86 and its 200-day moving average price is $109.78. iShares MBS ETF has a 1-year low of $108.10 and a 1-year high of $111.31.
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).
See Also: Balanced Fund
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