Parallel Advisors LLC Has $2.55 Million Stock Position in iShares MBS ETF $MBB

Parallel Advisors LLC lessened its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 47.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,880 shares of the company’s stock after selling 24,605 shares during the period. Parallel Advisors LLC’s holdings in iShares MBS ETF were worth $2,552,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter valued at approximately $273,000. AQR Capital Management LLC increased its holdings in iShares MBS ETF by 11.4% during the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after buying an additional 1,034 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares MBS ETF by 13.0% during the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares during the last quarter. Invesco Ltd. raised its position in iShares MBS ETF by 2.5% during the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares MBS ETF during the second quarter worth $240,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2%

Shares of MBB stock opened at $93.41 on Wednesday. The company has a fifty day moving average price of $94.12 and a two-hundred day moving average price of $94.93. iShares MBS ETF has a one year low of $92.43 and a one year high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

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). 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).