Manhattan West Asset Management LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 12.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 148,584 shares of the company’s stock after acquiring an additional 16,410 shares during the period. iShares MBS ETF makes up about 3.0% of Manhattan West Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Manhattan West Asset Management LLC’s holdings in iShares MBS ETF were worth $14,138,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in iShares MBS ETF during the fourth quarter valued at approximately $273,000. AQR Capital Management LLC grew its stake in shares of iShares MBS ETF by 11.4% in the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after purchasing an additional 1,034 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of iShares MBS ETF by 13.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of iShares MBS ETF by 28.2% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 335,939 shares of the company’s stock worth $31,541,000 after buying an additional 73,820 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC lifted its position in shares of iShares MBS ETF by 3.6% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 19,807 shares of the company’s stock worth $1,860,000 after buying an additional 695 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.
iShares MBS ETF Stock Up 0.2%
Shares of MBB stock opened at $95.51 on Wednesday. The stock’s fifty day simple moving average is $95.77 and its 200 day simple moving average is $95.47. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.96.
iShares MBS ETF Cuts Dividend
About iShares MBS ETF
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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).
Further Reading
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