iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 20.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 171,762 shares of the company’s stock after buying an additional 29,502 shares during the period. Private Advisor Group LLC’s holdings in iShares MBS ETF were worth $16,456,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MBB. Financial Management Professionals Inc. acquired a new stake in shares of iShares MBS ETF in the first quarter worth approximately $26,000. Chris Bulman Inc acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at $31,000. Rothschild Investment LLC purchased a new stake in shares of iShares MBS ETF during the 2nd quarter valued at $33,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth $33,000. Finally, PSI Advisors LLC raised its position in shares of iShares MBS ETF by 2,289.5% in the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after buying an additional 435 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $93.18 on Thursday. The stock has a 50-day moving average price of $95.29 and a two-hundred day moving average price of $93.04. iShares MBS ETF has a 12-month low of $85.85 and a 12-month high of $96.76.

iShares MBS ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).