Absolute Capital Management LLC grew its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,592 shares of the company’s stock after acquiring an additional 219 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares MBS ETF were worth $697,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of MBB. JPMorgan Chase & Co. boosted its holdings in shares of iShares MBS ETF by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after acquiring an additional 5,521,374 shares during the period. Proficio Capital Partners LLC lifted its holdings in shares of iShares MBS ETF by 9,869.1% during the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after purchasing an additional 5,443,314 shares during the period. Essential Planning LLC. lifted its holdings in shares of iShares MBS ETF by 6,413.4% during the fourth quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after purchasing an additional 3,260,687 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of iShares MBS ETF by 7.9% during the fourth quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after purchasing an additional 1,436,342 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of iShares MBS ETF during the fourth quarter worth $115,371,000. 91.70% of the stock is owned by institutional investors and hedge funds.
iShares MBS ETF Stock Up 0.1 %
Shares of NASDAQ MBB opened at $93.61 on Friday. The stock has a fifty day moving average price of $92.46 and a 200 day moving average price of $93.23. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.
iShares MBS ETF Cuts Dividend
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).
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