Sumitomo Mitsui Trust Group Inc. increased its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 7.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 685,590 shares of the company’s stock after purchasing an additional 46,937 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MBS ETF were worth $65,097,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Brookstone Capital Management boosted its position in shares of iShares MBS ETF by 3.2% in the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after buying an additional 9,547 shares during the period. ASL Financial LLC purchased a new position in shares of iShares MBS ETF during the fourth quarter valued at $977,000. NorthRock Partners LLC raised its position in iShares MBS ETF by 2,099.2% during the third quarter. NorthRock Partners LLC now owns 305,205 shares of the company’s stock valued at $29,040,000 after buying an additional 291,327 shares during the period. Ocean Park Asset Management LLC raised its position in iShares MBS ETF by 1.9% during the fourth quarter. Ocean Park Asset Management LLC now owns 424,335 shares of the company’s stock valued at $40,405,000 after buying an additional 7,872 shares during the period. Finally, Cassilly Financial Group LLC acquired a new position in iShares MBS ETF during the fourth quarter valued at $2,538,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.
iShares MBS ETF Stock Down 0.1%
iShares MBS ETF stock traded down $0.10 during mid-day trading on Friday, hitting $93.72. The company’s stock had a trading volume of 1,694,893 shares, compared to its average volume of 2,569,762. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96. The firm’s 50 day moving average is $94.26 and its 200 day moving average is $95.02.
iShares MBS ETF Announces Dividend
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).
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