LifePlan Financial Group Inc cut its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 29.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,652 shares of the company’s stock after selling 1,123 shares during the quarter. LifePlan Financial Group Inc’s holdings in iShares MBS ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Advocacy Wealth Management Services LLC purchased a new stake in iShares MBS ETF during the 4th quarter valued at $39,000. Honkamp Krueger Financial Services Inc. purchased a new stake in iShares MBS ETF during the 3rd quarter valued at $116,000. CLS Investments LLC raised its stake in iShares MBS ETF by 5,995.2% during the 3rd quarter. CLS Investments LLC now owns 1,280 shares of the company’s stock valued at $132,000 after buying an additional 1,259 shares during the last quarter. Parallel Advisors LLC raised its stake in iShares MBS ETF by 186.7% during the 3rd quarter. Parallel Advisors LLC now owns 1,534 shares of the company’s stock valued at $159,000 after buying an additional 999 shares during the last quarter. Finally, Private Capital Group LLC raised its stake in iShares MBS ETF by 1,237.2% during the 3rd quarter. Private Capital Group LLC now owns 1,618 shares of the company’s stock valued at $167,000 after buying an additional 1,497 shares during the last quarter.
Shares of MBB opened at $104.79 on Friday. iShares MBS ETF has a 1-year low of $101.75 and a 1-year high of $106.24.
iShares MBS ETF Profile
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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