Cypress Wealth Services LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 238.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,064 shares of the company’s stock after buying an additional 7,093 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares MBS ETF were worth $1,083,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of MBB. Financial Gravity Wealth Inc. bought a new position in iShares MBS ETF in the 1st quarter worth approximately $28,000. Icon Wealth Partners LLC bought a new position in iShares MBS ETF in the 1st quarter worth approximately $30,000. Vigilant Capital Management LLC bought a new position in iShares MBS ETF in the 2nd quarter worth approximately $36,000. Strategy Asset Managers LLC bought a new position in iShares MBS ETF in the 1st quarter worth approximately $37,000. Finally, Prime Capital Investment Advisors LLC bought a new position in iShares MBS ETF in the 1st quarter worth approximately $44,000.
Shares of MBB stock opened at $107.79 on Friday. iShares MBS ETF has a 12-month low of $101.75 and a 12-month high of $107.98. The business has a 50 day simple moving average of $107.49.
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).
Recommended Story: Sell-Side Analysts
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).
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.