Focus Financial Network Inc. grew its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 7.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 44,239 shares of the company’s stock after buying an additional 3,012 shares during the period. Focus Financial Network Inc.’s holdings in iShares MBS ETF were worth $4,056,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in MBB. Alpha Financial Partners LLC acquired a new stake in iShares MBS ETF in the 3rd quarter valued at approximately $2,960,000. Exchange Traded Concepts LLC bought a new position in shares of iShares MBS ETF in the third quarter worth $519,000. Sound Income Strategies LLC increased its holdings in shares of iShares MBS ETF by 63.0% during the third quarter. Sound Income Strategies LLC now owns 2,184 shares of the company’s stock valued at $209,000 after purchasing an additional 844 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of iShares MBS ETF during the third quarter valued at $1,664,000. Finally, Empirical Asset Management LLC raised its stake in shares of iShares MBS ETF by 9.6% during the third quarter. Empirical Asset Management LLC now owns 3,954 shares of the company’s stock valued at $379,000 after purchasing an additional 345 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.
iShares MBS ETF Trading Up 0.0 %
Shares of MBB opened at $92.20 on Tuesday. The firm has a 50-day moving average price of $92.00 and a 200 day moving average price of $93.54. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.
iShares MBS ETF Increases 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).
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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).
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