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Well, this is working out well. The iShares Lehman MBS (mortgage-backed securities) Fixed-Rate Bond Fund (NYSEARCA:MBB), which did all of 200 shares when it was launched Friday, did 0 – zero, zip, nada, not a sausage – Monday. So good luck to the adventurous gorilla who bought 100 shares, at $100.98, Tuesday, in the ETF’s only trade.

The good news is that whoever bought those first 100 shares Friday is now up $13.00. Before transaction costs, and before trying to sell into this deep, liquid investor pool...

Source: Mortgage ETF's Weak Volume Start