Alliancebernstein L.P. increased its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 15.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 675,816 shares of the company’s stock after acquiring an additional 90,614 shares during the quarter. Alliancebernstein L.P. owned about 0.17% of iShares MBS ETF worth $61,959,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Hobbs Group Advisors LLC increased its stake in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter valued at about $36,000. Key Financial Inc boosted its position in shares of iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares in the last quarter. Activest Wealth Management bought a new position in shares of iShares MBS ETF during the 4th quarter worth about $58,000. Finally, CENTRAL TRUST Co grew its stake in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after buying an additional 189 shares during the period. 91.70% of the stock is currently owned by institutional investors.
iShares MBS ETF Stock Performance
NASDAQ MBB opened at $94.18 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The business has a 50 day moving average price of $92.96 and a 200-day moving average price of $93.04.
iShares MBS ETF Increases 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).
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