Ascent Group LLC Grows Position in iShares MBS ETF (NASDAQ:MBB)

Ascent Group LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 17.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,761 shares of the company’s stock after buying an additional 13,212 shares during the period. Ascent Group LLC’s holdings in iShares MBS ETF were worth $8,600,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MBB. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF during the third quarter worth about $30,000. Chris Bulman Inc purchased a new stake in shares of iShares MBS ETF in the 2nd quarter valued at $31,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares MBS ETF in the third quarter worth $33,000. Rothschild Investment LLC purchased a new position in shares of iShares MBS ETF during the second quarter worth $33,000. Finally, MeadowBrook Investment Advisors LLC raised its holdings in shares of iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

NASDAQ:MBB opened at $93.93 on Monday. The firm’s fifty day moving average is $93.72 and its two-hundred day moving average is $93.52. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

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

About iShares MBS ETF

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).