Natural Investments LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,399 shares of the company’s stock, valued at approximately $861,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in MBB. Principal Financial Group Inc. grew its stake in shares of iShares MBS ETF by 9.0% during the fourth quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock worth $302,000 after buying an additional 272 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares MBS ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after buying an additional 121,689 shares during the last quarter. Kestra Investment Management LLC grew its stake in shares of iShares MBS ETF by 265.9% during the third quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock worth $23,891,000 after buying an additional 181,210 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of iShares MBS ETF by 272.8% during the fourth quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after buying an additional 1,195 shares during the last quarter. Finally, Voisard Asset Management Group Inc. grew its stake in shares of iShares MBS ETF by 2,221.2% during the fourth quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after buying an additional 78,565 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.
iShares MBS ETF Stock Down 0.4 %
NASDAQ MBB opened at $93.27 on Wednesday. The firm’s fifty day moving average price is $92.20 and its two-hundred day moving average price is $93.30. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.
iShares MBS ETF Cuts Dividend
About iShares MBS ETF
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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