MML Investors Services LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 143.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,943 shares of the company’s stock after acquiring an additional 98,884 shares during the period. MML Investors Services LLC owned approximately 0.10% of iShares MBS ETF worth $18,071,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares MBS ETF by 6,374.3% in the 1st quarter. JPMorgan Chase & Co. now owns 12,429,426 shares of the company’s stock worth $1,321,992,000 after purchasing an additional 12,237,446 shares during the period. Wells Fargo & Company MN boosted its stake in iShares MBS ETF by 1.0% in the 2nd quarter. Wells Fargo & Company MN now owns 8,895,475 shares of the company’s stock worth $957,153,000 after purchasing an additional 87,487 shares during the period. Charles Schwab Investment Advisory Inc. boosted its stake in iShares MBS ETF by 27.9% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 8,237,134 shares of the company’s stock worth $886,315,000 after purchasing an additional 1,795,376 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares MBS ETF by 43.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,360,577 shares of the company’s stock valued at $684,398,000 after buying an additional 1,936,708 shares in the last quarter. Finally, Fisher Asset Management LLC grew its holdings in iShares MBS ETF by 9.0% during the 2nd quarter. Fisher Asset Management LLC now owns 6,047,698 shares of the company’s stock valued at $650,732,000 after buying an additional 501,232 shares in the last quarter.
Shares of MBB stock traded up $0.08 during mid-day trading on Wednesday, hitting $107.96. The company had a trading volume of 63,801 shares, compared to its average volume of 1,198,466. iShares MBS ETF has a 52-week low of $101.75 and a 52-week high of $108.53. The stock’s 50 day moving average price is $108.07 and its 200-day moving average price is $106.78.
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).
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