Parallel Advisors LLC lowered its position in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 47.8% in the first quarter, Holdings Channel reports. The institutional investor owned 26,880 shares of the company’s stock after selling 24,605 shares during the period. Parallel Advisors LLC’s holdings in iShares MBS ETF were worth $2,552,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. ESL Trust Services LLC bought a new position in iShares MBS ETF during the fourth quarter worth about $28,000. Brown Lisle Cummings Inc. bought a new stake in iShares MBS ETF in the 1st quarter valued at about $28,000. First Community Trust NA acquired a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $32,000. Nemes Rush Group LLC grew its position in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new position in shares of iShares MBS ETF during the fourth quarter worth approximately $35,000. Institutional investors own 91.70% of the company’s stock.
iShares MBS ETF Trading Down 0.2%
NASDAQ MBB opened at $93.41 on Wednesday. iShares MBS ETF has a 1-year low of $92.43 and a 1-year high of $96.96. The company has a 50 day moving average of $94.12 and a 200-day moving average of $94.93.
iShares MBS ETF Dividend Announcement
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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