Morgan Stanley boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.6% during the first quarter, HoldingsChannel.com reports. The fund owned 5,222,898 shares of the company’s stock after purchasing an additional 230,547 shares during the period. Morgan Stanley’s holdings in iShares MBS ETF were worth $566,267,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the stock. Investors Research Corp lifted its stake in iShares MBS ETF by 30.4% during the first quarter. Investors Research Corp now owns 476 shares of the company’s stock worth $52,000 after purchasing an additional 111 shares during the period. Pure Financial Advisors Inc. lifted its position in shares of iShares MBS ETF by 3.6% during the 1st quarter. Pure Financial Advisors Inc. now owns 3,505 shares of the company’s stock worth $380,000 after buying an additional 121 shares during the period. Evoke Wealth LLC boosted its stake in iShares MBS ETF by 10.6% in the 1st quarter. Evoke Wealth LLC now owns 1,376 shares of the company’s stock valued at $149,000 after buying an additional 132 shares in the last quarter. Renasant Bank grew its position in iShares MBS ETF by 0.6% in the first quarter. Renasant Bank now owns 24,514 shares of the company’s stock valued at $2,658,000 after acquiring an additional 136 shares during the period. Finally, Latitude Advisors LLC grew its position in iShares MBS ETF by 3.8% in the first quarter. Latitude Advisors LLC now owns 3,743 shares of the company’s stock valued at $406,000 after acquiring an additional 137 shares during the period.
Shares of NASDAQ:MBB opened at $108.37 on Thursday. The firm has a fifty day moving average price of $108.30. iShares MBS ETF has a 52 week low of $107.91 and a 52 week high of $110.86.
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).
Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB).
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.