Envestnet Asset Management Inc. Buys 1,936,708 Shares of iShares MBS ETF (NASDAQ:MBB)

Envestnet Asset Management Inc. increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 43.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,360,577 shares of the company’s stock after acquiring an additional 1,936,708 shares during the quarter. iShares MBS ETF comprises about 0.9% of Envestnet Asset Management Inc.’s portfolio, making the stock its 25th largest holding. Envestnet Asset Management Inc. owned approximately 3.74% of iShares MBS ETF worth $684,398,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. LeJeune Puetz Investment Counsel LLC lifted its position in iShares MBS ETF by 3.5% during the second quarter. LeJeune Puetz Investment Counsel LLC now owns 3,104 shares of the company’s stock valued at $334,000 after purchasing an additional 104 shares during the last quarter. AdvisorNet Financial Inc lifted its position in iShares MBS ETF by 17.0% during the second quarter. AdvisorNet Financial Inc now owns 860 shares of the company’s stock valued at $93,000 after purchasing an additional 125 shares during the last quarter. First National Trust Co lifted its position in iShares MBS ETF by 3.2% during the first quarter. First National Trust Co now owns 4,300 shares of the company’s stock valued at $457,000 after purchasing an additional 135 shares during the last quarter. First American Trust FSB lifted its position in iShares MBS ETF by 7.4% during the second quarter. First American Trust FSB now owns 2,021 shares of the company’s stock valued at $218,000 after purchasing an additional 139 shares during the last quarter. Finally, PFG Advisors lifted its position in iShares MBS ETF by 2.2% during the first quarter. PFG Advisors now owns 7,052 shares of the company’s stock valued at $747,000 after purchasing an additional 155 shares during the last quarter.

MBB stock traded up $0.27 during trading on Thursday, hitting $108.13. 158,690 shares of the company’s stock traded hands, compared to its average volume of 1,198,223. iShares MBS ETF has a 52 week low of $101.75 and a 52 week high of $108.16. The firm has a fifty day simple moving average of $107.65.

iShares MBS ETF Company 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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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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