Northside Capital Management LLC Takes $20.64 Million Position in iShares MBS ETF (NASDAQ:MBB)

Northside Capital Management LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 215,409 shares of the company’s stock, valued at approximately $20,638,000. iShares MBS ETF comprises about 3.2% of Northside Capital Management LLC’s holdings, making the stock its 5th biggest holding. Northside Capital Management LLC owned 0.06% of iShares MBS ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MBB. Crewe Advisors LLC boosted its position in shares of iShares MBS ETF by 62.8% in the first quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock worth $132,000 after purchasing an additional 550 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MBS ETF in the 2nd quarter worth $61,000. Ascent Group LLC raised its holdings in iShares MBS ETF by 27.5% during the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after acquiring an additional 16,488 shares during the period. Pinnacle Bancorp Inc. raised its holdings in iShares MBS ETF by 38.6% during the first quarter. Pinnacle Bancorp Inc. now owns 5,776 shares of the company’s stock valued at $534,000 after acquiring an additional 1,608 shares during the period. Finally, Zions Bancorporation N.A. purchased a new position in shares of iShares MBS ETF in the second quarter valued at about $189,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB traded up $0.07 during trading on Friday, hitting $94.13. 2,747,966 shares of the company’s stock were exchanged, compared to its average volume of 2,297,601. The business’s 50-day simple moving average is $95.38 and its 200 day simple moving average is $92.99. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date of this dividend 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).