iShares MBS ETF Target of Unusually Large Options Trading (NASDAQ:MBB)

iShares MBS ETF (NASDAQ:MBB) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 11,093 put options on the stock. This is an increase of approximately 1,391% compared to the typical daily volume of 744 put options.

iShares MBS ETF Stock Performance

NASDAQ MBB traded down $0.18 during trading hours on Wednesday, hitting $90.83. 1,757,116 shares of the company traded hands, compared to its average volume of 2,658,897. The business’s 50-day moving average is $91.24 and its 200-day moving average is $91.40. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $95.40.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.2823 dividend. This represents a $3.39 annualized dividend and a yield of 3.73%. The ex-dividend date was Wednesday, May 1st.

Institutional Trading of iShares MBS ETF

Several large investors have recently bought and sold shares of MBB. Buttonwood Financial Group LLC lifted its stake in shares of iShares MBS ETF by 0.9% during the 4th quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock valued at $2,842,000 after buying an additional 269 shares in the last quarter. Delphi Financial Group Inc. grew its holdings in iShares MBS ETF by 23.5% in the fourth quarter. Delphi Financial Group Inc. now owns 20,500 shares of the company’s stock worth $1,929,000 after purchasing an additional 3,900 shares during the period. Advocacy Wealth Management Services LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth $13,157,000. Mirae Asset Global Investments Co. Ltd. increased its stake in iShares MBS ETF by 7.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 499,054 shares of the company’s stock valued at $44,355,000 after purchasing an additional 36,319 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in iShares MBS ETF by 638.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 100,683 shares of the company’s stock valued at $8,941,000 after acquiring an additional 87,044 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

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).