Montecito Bank & Trust lessened its holdings in iShares MBS ETF (NASDAQ:MBB – Free Report) by 15.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,894 shares of the company’s stock after selling 3,039 shares during the period. Montecito Bank & Trust’s holdings in iShares MBS ETF were worth $1,619,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the business. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF in the third quarter valued at approximately $30,000. Chris Bulman Inc acquired a new stake in shares of iShares MBS ETF in the 2nd quarter valued at $31,000. Rothschild Investment LLC purchased a new stake in shares of iShares MBS ETF during the 2nd quarter worth $33,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the third quarter worth $33,000. Finally, PSI Advisors LLC grew its stake in shares of iShares MBS ETF by 2,289.5% during the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after purchasing an additional 435 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.
iShares MBS ETF Price Performance
Shares of NASDAQ MBB opened at $92.13 on Thursday. The stock’s 50-day simple moving average is $94.81 and its 200-day simple moving average is $93.22. iShares MBS ETF has a fifty-two week low of $87.87 and a fifty-two week high of $96.76.
iShares MBS ETF Cuts Dividend
About iShares MBS ETF
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
- Five stocks we like better than iShares MBS ETF
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- 2 Reasons To Like Coinbase After The Election, 1 to Still Avoid
- What is the S&P/TSX Index?
- Hunting for High-Yield Bargains? 2 REITs to Consider
- Business Services Stocks Investing
- Fiserv Is Up 50% This Year and Can Go Another 50% Higher
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 – Free Report).
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.