Sierra Capital LLC Buys 2,356 Shares of iShares MBS ETF (NASDAQ:MBB)

Sierra Capital LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,343 shares of the company’s stock after purchasing an additional 2,356 shares during the period. Sierra Capital LLC’s holdings in iShares MBS ETF were worth $2,907,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Crewe Advisors LLC raised its position in shares of iShares MBS ETF by 62.8% in the 1st quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock worth $132,000 after acquiring an additional 550 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares MBS ETF during the 2nd quarter valued at about $61,000. Ascent Group LLC increased its holdings in 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 in the last quarter. Pinnacle Bancorp Inc. increased its holdings in 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 in the last quarter. Finally, Zions Bancorporation N.A. bought a new stake in iShares MBS ETF during the 2nd quarter worth approximately $189,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock traded up $0.04 during trading on Tuesday, hitting $93.46. The company’s stock had a trading volume of 1,163,912 shares, compared to its average volume of 2,291,802. The business has a fifty day moving average of $95.36 and a 200-day moving average of $93.02. 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 company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).