iShares MBS ETF (NASDAQ:MBB) Shares Sold by GWM Advisors LLC
GWM Advisors LLC decreased its holdings in iShares MBS ETF (NASDAQ:MBB) by 79.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,778 shares of the company’s stock after selling 65,545 shares during the quarter. GWM Advisors LLC’s holdings in iShares MBS ETF were worth $1,858,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. TFG Advisers LLC bought a new stake in iShares MBS ETF during the fourth quarter worth approximately $30,000. Global Wealth Management Investment Advisory Inc. boosted its holdings in iShares MBS ETF by 78.6% during the first quarter. Global Wealth Management Investment Advisory Inc. now owns 275 shares of the company’s stock worth $30,000 after buying an additional 121 shares in the last quarter. Beese Fulmer Investment Management Inc. bought a new stake in iShares MBS ETF during the second quarter worth approximately $33,000. CENTRAL TRUST Co boosted its holdings in iShares MBS ETF by 199.2% during the first quarter. CENTRAL TRUST Co now owns 362 shares of the company’s stock worth $40,000 after buying an additional 241 shares in the last quarter. Finally, Paragon Capital Management LLC bought a new stake in iShares MBS ETF during the first quarter worth approximately $40,000.
Shares of NASDAQ:MBB opened at $110.82 on Friday. iShares MBS ETF has a 1-year low of $104.79 and a 1-year high of $111.31. The company has a 50 day moving average price of $110.74 and a 200 day moving average price of $109.98.
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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