MML Investors Services LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 143.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 167,943 shares of the company’s stock after buying an additional 98,884 shares during the period. MML Investors Services LLC’s holdings in iShares MBS ETF were worth $18,071,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of MBB. Litman Gregory Asset Management LLC purchased a new position in iShares MBS ETF during the 2nd quarter worth $29,000. Icon Wealth Partners LLC acquired a new stake in iShares MBS ETF during the first quarter worth about $30,000. MCF Advisors LLC acquired a new stake in iShares MBS ETF during the second quarter worth about $31,000. Vigilant Capital Management LLC purchased a new position in iShares MBS ETF during the second quarter valued at approximately $36,000. Finally, Sterling Investment Advisors Ltd. acquired a new position in iShares MBS ETF in the second quarter valued at approximately $36,000.
iShares MBS ETF stock traded up $0.08 during mid-day trading on Wednesday, hitting $107.96. The company had a trading volume of 63,801 shares, compared to its average volume of 1,198,466. iShares MBS ETF has a 12-month low of $101.75 and a 12-month high of $108.53. The company’s fifty day moving average is $108.07 and its 200-day moving average is $106.78.
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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