Chesapeake Wealth Management lowered its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 15.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,343 shares of the company’s stock after selling 435 shares during the period. Chesapeake Wealth Management’s holdings in iShares MBS ETF were worth $215,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the business. Financial Management Professionals Inc. bought a new position in shares of iShares MBS ETF in the first quarter worth about $26,000. Chris Bulman Inc purchased a new position in iShares MBS ETF in the 2nd quarter worth approximately $31,000. Versant Capital Management Inc bought a new position in iShares MBS ETF in the 1st quarter worth approximately $32,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF during the 2nd quarter valued at approximately $33,000. Finally, PSI Advisors LLC grew its holdings in iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.
iShares MBS ETF Price Performance
MBB stock opened at $96.15 on Friday. The company’s fifty day moving average price is $94.79 and its 200-day moving average price is $92.61. iShares MBS ETF has a one year low of $85.28 and a one year high of $96.76.
iShares MBS ETF Dividend Announcement
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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