Quantitative Advantage LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 12.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,507 shares of the company’s stock after buying an additional 1,603 shares during the period. Quantitative Advantage LLC’s holdings in iShares MBS ETF were worth $1,573,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. OLD Mission Capital LLC bought a new position in iShares MBS ETF in the 3rd quarter valued at about $11,012,000. Comerica Bank raised its stake in iShares MBS ETF by 17.0% during the 4th quarter. Comerica Bank now owns 12,738 shares of the company’s stock worth $1,403,000 after buying an additional 1,853 shares during the period. Baker Tilly Financial LLC acquired a new stake in iShares MBS ETF in the 4th quarter valued at $548,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of iShares MBS ETF by 95.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 113,099 shares of the company’s stock valued at $12,456,000 after buying an additional 55,273 shares during the last quarter. Finally, Altium Wealth Management LLC lifted its holdings in shares of iShares MBS ETF by 20.8% in the fourth quarter. Altium Wealth Management LLC now owns 2,291 shares of the company’s stock valued at $252,000 after purchasing an additional 395 shares in the last quarter.
MBB stock traded down $0.06 during trading on Friday, reaching $108.48. The stock had a trading volume of 4,166 shares, compared to its average volume of 1,674,209. The stock has a 50 day moving average price of $108.48. iShares MBS ETF has a one year low of $108.10 and a one year high of $111.22.
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: Green Investing
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