BNP Paribas Financial Markets Buys 658,777 Shares of iShares MBS ETF (NASDAQ:MBB)

BNP Paribas Financial Markets raised its stake in iShares MBS ETF (NASDAQ:MBB) by 486.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 794,105 shares of the company’s stock after acquiring an additional 658,777 shares during the period. BNP Paribas Financial Markets’ holdings in iShares MBS ETF were worth $76,083,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MBB. Comerica Bank lifted its stake in iShares MBS ETF by 27.0% in the first quarter. Comerica Bank now owns 61,807 shares of the company’s stock valued at $5,712,000 after buying an additional 13,138 shares in the last quarter. Community Trust & Investment Co. lifted its position in shares of iShares MBS ETF by 7.1% in the first quarter. Community Trust & Investment Co. now owns 103,068 shares of the company’s stock worth $9,526,000 after purchasing an additional 6,861 shares in the last quarter. Invst LLC lifted its position in shares of iShares MBS ETF by 6.3% in the first quarter. Invst LLC now owns 113,201 shares of the company’s stock worth $10,366,000 after purchasing an additional 6,685 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of iShares MBS ETF by 103.0% in the first quarter. Cetera Investment Advisers now owns 1,495,419 shares of the company’s stock worth $138,207,000 after purchasing an additional 758,693 shares in the last quarter. Finally, Cetera Advisors LLC lifted its position in shares of iShares MBS ETF by 15.0% in the first quarter. Cetera Advisors LLC now owns 430,677 shares of the company’s stock worth $39,803,000 after purchasing an additional 56,092 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $93.55 on Thursday. The company’s fifty day simple moving average is $93.82 and its 200-day simple moving average is $93.48. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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).