iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Maia Wealth LLC

Maia Wealth LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 14.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,460 shares of the company’s stock after acquiring an additional 2,621 shares during the quarter. Maia Wealth LLC’s holdings in iShares MBS ETF were worth $1,909,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in MBB. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF during the third quarter worth $30,000. Chris Bulman Inc bought a new stake in shares of iShares MBS ETF during the 2nd quarter valued at about $31,000. Rothschild Investment LLC acquired a new stake in iShares MBS ETF during the second quarter worth about $33,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF in the third quarter worth about $33,000. Finally, PSI Advisors LLC boosted its stake in iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after acquiring an additional 435 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 1.0 %

Shares of iShares MBS ETF stock traded down $0.93 on Wednesday, reaching $91.94. 101,866 shares of the company were exchanged, compared to its average volume of 2,308,434. iShares MBS ETF has a 1-year low of $87.87 and a 1-year high of $96.76. The company’s 50-day moving average is $94.87 and its two-hundred day moving average is $93.23.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.3099 per share. The ex-dividend date of this dividend is 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).