Perigon Wealth Management LLC lessened its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 17.7% in the second quarter, Holdings Channel.com reports. The fund owned 2,083 shares of the company’s stock after selling 449 shares during the period. Perigon Wealth Management LLC’s holdings in iShares MBS ETF were worth $231,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Global Wealth Management Investment Advisory Inc. raised its holdings in shares of iShares MBS ETF by 78.6% during the first quarter. Global Wealth Management Investment Advisory Inc. now owns 275 shares of the company’s stock valued at $30,000 after acquiring an additional 121 shares in the last quarter. Beese Fulmer Investment Management Inc. bought a new position in iShares MBS ETF in the second quarter worth $33,000. CENTRAL TRUST Co raised its holdings in iShares MBS ETF by 199.2% in the first quarter. CENTRAL TRUST Co now owns 362 shares of the company’s stock worth $40,000 after purchasing an additional 241 shares in the last quarter. Paragon Capital Management LLC bought a new position in iShares MBS ETF in the first quarter worth $40,000. Finally, Fortis Advisors LLC bought a new position in iShares MBS ETF in the first quarter worth $45,000.
MBB opened at $110.82 on Friday. The stock has a fifty day simple moving average of $110.74 and a two-hundred day simple moving average of $109.98. iShares MBS ETF has a 12-month low of $104.79 and a 12-month high of $111.31.
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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