Sei Investments Co. grew its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 411.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,710,220 shares of the company’s stock after buying an additional 1,375,889 shares during the period. Sei Investments Co. owned approximately 0.59% of iShares MBS ETF worth $159,511,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Meitav Investment House Ltd. purchased a new position in iShares MBS ETF in the 2nd quarter worth approximately $25,000. Ambassador Advisors LLC boosted its stake in shares of iShares MBS ETF by 332.8% in the 1st quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock valued at $26,000 after purchasing an additional 213 shares in the last quarter. Fairfield Bush & CO. purchased a new stake in shares of iShares MBS ETF in the 1st quarter valued at $33,000. CENTRAL TRUST Co purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at $36,000. Finally, Fortis Capital Advisors LLC purchased a new stake in shares of iShares MBS ETF in the 4th quarter valued at $41,000. Hedge funds and other institutional investors own 92.51% of the company’s stock.
iShares MBS ETF Price Performance
Shares of iShares MBS ETF stock traded up $0.16 during trading on Tuesday, reaching $90.23. The company’s stock had a trading volume of 729,898 shares, compared to its average volume of 2,200,429. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.78. The firm’s 50-day moving average is $88.39 and its two-hundred day moving average is $91.13.
iShares MBS ETF Cuts 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).
- Five stocks we like better than iShares MBS ETF
- What is the S&P 500 and How It is Distinct from Other Indexes
- Microsoft’s dynamic move: Shares surge as new AI unit established
- What Does a Stock Split Mean?
- Wynn Resorts has an ace up its sleeve
- Space Investment: How to Invest in Space Exploration
- Zoom Video Communications: A tech phoenix ready to rise
Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.