Genesis Wealth Advisors LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 12.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,325 shares of the company’s stock after acquiring an additional 5,984 shares during the period. iShares MBS ETF makes up about 3.9% of Genesis Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest position. Genesis Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $5,194,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of MBB. LPL Financial LLC raised its holdings in shares of iShares MBS ETF by 11.0% in the 1st quarter. LPL Financial LLC now owns 24,262,602 shares of the company’s stock worth $2,275,347,000 after purchasing an additional 2,404,586 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares MBS ETF by 0.3% in the first quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after buying an additional 8,399 shares during the last quarter. Renaissancere Holdings Ltd. bought a new position in shares of iShares MBS ETF in the first quarter valued at $267,782,000. Cetera Investment Advisers lifted its position in shares of iShares MBS ETF by 17.5% during the 1st quarter. Cetera Investment Advisers now owns 1,863,533 shares of the company’s stock valued at $174,762,000 after acquiring an additional 277,926 shares during the last quarter. Finally, Midland Wealth Advisors LLC boosted its stake in shares of iShares MBS ETF by 36.7% during the 1st quarter. Midland Wealth Advisors LLC now owns 1,825,317 shares of the company’s stock worth $171,178,000 after acquiring an additional 490,393 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.
iShares MBS ETF Stock Performance
Shares of NASDAQ MBB opened at $95.12 on Thursday. The stock’s fifty day simple moving average is $94.07 and its 200 day simple moving average is $93.24. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $96.24.
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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