Petix & Botte Co Reduces Holdings in iShares MBS ETF (NASDAQ:MBB)

Petix & Botte Co reduced its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 13.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,756 shares of the company’s stock after selling 602 shares during the quarter. Petix & Botte Co’s holdings in iShares MBS ETF were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Crewe Advisors LLC boosted its stake in shares of iShares MBS ETF by 62.8% during the 1st 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 last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth about $61,000. Ascent Group LLC boosted its stake in shares of iShares MBS ETF by 27.5% during the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after purchasing an additional 16,488 shares during the last quarter. Pinnacle Bancorp Inc. boosted its stake in shares of iShares MBS ETF by 38.6% during the 1st quarter. Pinnacle Bancorp Inc. now owns 5,776 shares of the company’s stock worth $534,000 after purchasing an additional 1,608 shares during the last quarter. Finally, Zions Bancorporation N.A. acquired a new stake in shares of iShares MBS ETF in the second quarter worth approximately $189,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB traded up $0.07 during mid-day trading on Friday, hitting $94.13. The company had a trading volume of 2,747,966 shares, 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 $93.00. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $96.76.

iShares MBS ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares MBS ETF 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).