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Sun Sep 15 16:08:54 UTC 2024: ## Institutional Investors Show Interest in iShares MBS ETF (MBB)
**Salt Lake City, UT – September 15, 2024** – Zions Bancorporation N.A. has joined the ranks of institutional investors showing interest in the iShares MBS ETF (MBB), purchasing a new position in the company’s stock during the second quarter. The purchase, valued at approximately $189,000, involved 2,055 shares of the company’s stock.
This move follows a trend of several other institutional investors modifying their holdings in MBB, including:
* **International Assets Investment Management LLC** purchased a new position valued at $665,000 in the fourth quarter.
* **Vantage Financial Partners LLC** also acquired a new position in the fourth quarter, valued at approximately $1,840,000.
* **BNP Paribas Financial Markets** boosted its holdings by 64.5% in the fourth quarter, now owning 44,979 shares worth $4,232,000.
* **Level Four Advisory Services LLC** lifted its position by 26.9% in the fourth quarter, now holding 5,206 shares worth $490,000.
* **Independent Advisor Alliance** increased its holdings by 9.2% in the fourth quarter, now owning 3,188 shares valued at $300,000.
These developments demonstrate a growing confidence in the iShares MBS ETF, with institutional investors collectively owning 91.70% of the stock.
MBB opened at $96.50 on Friday, with a 52-week low of $85.28 and a high of $96.71. The company has a 50-day moving average price of $94.41 and a 200-day moving average price of $92.46.
The iShares MBS ETF, formerly known as the iShares Barclays MBS Bond Fund, seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. MBS Index. The Index measures the performance of investment-grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).
For those interested in tracking the latest 13F filings and insider trades for MBB, HoldingsChannel.com provides a comprehensive resource.