NorthRock Partners LLC cut its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 4.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 444,758 shares of the company’s stock after selling 21,632 shares during the quarter. NorthRock Partners LLC owned 0.11% of iShares MBS ETF worth $42,039,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the company. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares MBS ETF during the 1st quarter valued at approximately $138,835,000. Bank of Montreal Can grew its position in shares of iShares MBS ETF by 102.6% during the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after buying an additional 1,460,545 shares in the last quarter. LPL Financial LLC grew its position in shares of iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after buying an additional 1,104,895 shares in the last quarter. Renaissancere Holdings Ltd. increased its stake in shares of iShares MBS ETF by 34.9% in the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after buying an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in shares of iShares MBS ETF by 1,599.6% in the fourth quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock worth $81,050,000 after buying an additional 801,103 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.
iShares MBS ETF Stock Down 0.2%
MBB opened at $92.53 on Wednesday. iShares MBS ETF has a 12-month low of $92.28 and a 12-month high of $96.96. The firm’s fifty day moving average price is $93.32 and its 200 day moving average price is $94.31.
iShares MBS ETF Announces Dividend
iShares MBS ETF Company 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).
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