Slow Capital Inc. lowered its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 88.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,065 shares of the company’s stock after selling 15,802 shares during the quarter. Slow Capital Inc.’s holdings in iShares MBS ETF were worth $222,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in MBB. Financial Gravity Wealth Inc. acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $28,000. Litman Gregory Asset Management LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter worth about $29,000. Icon Wealth Partners LLC acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $30,000. Vigilant Capital Management LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter worth about $36,000. Finally, Strategy Asset Managers LLC acquired a new stake in shares of iShares MBS ETF in the 1st quarter worth about $37,000.
Shares of MBB traded up $0.15 on Wednesday, reaching $107.99. The company’s stock had a trading volume of 39,566 shares, compared to its average volume of 1,200,374. iShares MBS ETF has a twelve month low of $101.75 and a twelve month high of $108.16. The company has a fifty day moving average of $107.64.
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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