Wedbush Securities Inc. acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,022 shares of the company’s stock, valued at approximately $325,000.
A number of other institutional investors also recently bought and sold shares of MBB. Financial Gravity Wealth Inc. purchased a new stake in iShares MBS ETF during the 1st quarter worth about $28,000. Litman Gregory Asset Management LLC purchased a new stake in iShares MBS ETF in the 2nd quarter valued at about $29,000. Icon Wealth Partners LLC purchased a new stake in iShares MBS ETF in the 1st quarter valued at about $30,000. Vigilant Capital Management LLC purchased a new stake in iShares MBS ETF in the 2nd quarter valued at about $36,000. Finally, Strategy Asset Managers LLC purchased a new stake in iShares MBS ETF in the 1st quarter valued at about $37,000.
MBB traded down $0.08 during midday trading on Friday, hitting $108.13. The company’s stock had a trading volume of 775,500 shares, compared to its average volume of 1,203,658. The firm has a 50-day moving average price of $107.67 and a two-hundred day moving average price of $106.40. iShares MBS ETF has a 52-week low of $101.75 and a 52-week high of $108.22.
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).
See Also: Exchange-Traded Funds (ETFs)
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