First American Trust FSB raised its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 30.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,601 shares of the company’s stock after acquiring an additional 16,968 shares during the period. First American Trust FSB’s holdings in iShares MBS ETF were worth $7,008,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. ESL Trust Services LLC acquired a new position in iShares MBS ETF in the fourth quarter valued at approximately $28,000. Nemes Rush Group LLC boosted its stake in iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares during the period. Aventura Private Wealth LLC acquired a new position in iShares MBS ETF in the fourth quarter valued at approximately $35,000. Wealth Watch Advisors INC acquired a new position in iShares MBS ETF in the third quarter valued at approximately $35,000. Finally, Key Financial Inc raised its holdings in shares of iShares MBS ETF by 96.9% during the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 187 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.
iShares MBS ETF Trading Up 0.0%
Shares of NASDAQ MBB opened at $93.91 on Thursday. The stock has a 50 day simple moving average of $94.58 and a 200-day simple moving average of $95.17. iShares MBS ETF has a 12-month low of $92.36 and a 12-month high of $96.96.
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). 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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