HighTower Advisors LLC decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 79.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,754 shares of the company’s stock after selling 65,896 shares during the quarter. HighTower Advisors LLC’s holdings in iShares MBS ETF were worth $1,854,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital Advisors Inc. OK lifted its stake in shares of iShares MBS ETF by 2.9% during the 1st quarter. Capital Advisors Inc. OK now owns 501,247 shares of the company’s stock worth $55,358,000 after purchasing an additional 14,204 shares during the last quarter. FCA Corp TX lifted its stake in shares of iShares MBS ETF by 10.8% during the 1st quarter. FCA Corp TX now owns 16,650 shares of the company’s stock worth $1,839,000 after purchasing an additional 1,626 shares during the last quarter. Signet Financial Management LLC lifted its stake in shares of iShares MBS ETF by 3.9% during the 1st quarter. Signet Financial Management LLC now owns 20,174 shares of the company’s stock worth $2,240,000 after purchasing an additional 750 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of iShares MBS ETF by 24.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 31,172 shares of the company’s stock worth $3,443,000 after purchasing an additional 6,195 shares during the last quarter. Finally, Titus Wealth Management purchased a new stake in shares of iShares MBS ETF during the 1st quarter worth $300,000.

Separately, ValuEngine upgraded iShares MBS ETF from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd.

Shares of NASDAQ:MBB opened at $110.74 on Tuesday. iShares MBS ETF has a 52-week low of $104.79 and a 52-week high of $111.31. The business has a 50-day moving average price of $110.97 and a 200-day moving average price of $109.57.

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).

Further Reading: What is the S&P 500 Index?

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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