iShares MBS ETF (NASDAQ:MBB) Stock Position Raised by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,299 shares of the company’s stock after acquiring an additional 960 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares MBS ETF were worth $4,628,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF in the third quarter worth $30,000. Chris Bulman Inc acquired a new stake in shares of iShares MBS ETF in the second quarter worth $31,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF in the second quarter worth $33,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares MBS ETF in the third quarter worth $33,000. Finally, PSI Advisors LLC boosted its position in iShares MBS ETF by 2,289.5% during the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $92.18 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The stock has a fifty day moving average price of $94.48 and a 200 day moving average price of $93.31.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3099 per share. 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).