Confluence Investment Management LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 19.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 236,309 shares of the company’s stock after buying an additional 38,302 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares MBS ETF were worth $25,621,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the business. Jacobi Capital Management LLC grew its position in shares of iShares MBS ETF by 10.7% during the 4th quarter. Jacobi Capital Management LLC now owns 11,210 shares of the company’s stock worth $1,235,000 after buying an additional 1,087 shares during the period. Signet Financial Management LLC boosted its stake in iShares MBS ETF by 14.2% in the fourth quarter. Signet Financial Management LLC now owns 24,856 shares of the company’s stock valued at $2,737,000 after acquiring an additional 3,089 shares during the last quarter. Telemus Capital LLC acquired a new stake in iShares MBS ETF during the 4th quarter worth $1,017,000. Boltwood Capital Management raised its position in shares of iShares MBS ETF by 71.4% during the 4th quarter. Boltwood Capital Management now owns 25,440 shares of the company’s stock valued at $2,802,000 after acquiring an additional 10,595 shares during the last quarter. Finally, NEXT Financial Group Inc lifted its stake in shares of iShares MBS ETF by 27.8% in the 4th quarter. NEXT Financial Group Inc now owns 9,995 shares of the company’s stock valued at $1,101,000 after purchasing an additional 2,177 shares during the period.
Shares of iShares MBS ETF stock traded down $0.01 during trading on Thursday, reaching $108.35. 3,612 shares of the company were exchanged, compared to its average volume of 2,006,969. The business has a 50-day moving average price of $108.86 and a 200-day moving average price of $109.78. iShares MBS ETF has a twelve month low of $108.10 and a twelve 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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