BNP Paribas Financial Markets Has $76.08 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

BNP Paribas Financial Markets increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 486.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 794,105 shares of the company’s stock after purchasing an additional 658,777 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.22% of iShares MBS ETF worth $76,083,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MBB. Strategic Blueprint LLC raised its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after acquiring an additional 116 shares during the last quarter. DB Fitzpatrick & Co Inc raised its stake in shares of iShares MBS ETF by 0.6% in the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after acquiring an additional 119 shares during the last quarter. Cypress Wealth Services LLC raised its stake in shares of iShares MBS ETF by 0.3% in the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after acquiring an additional 120 shares during the last quarter. Savvy Advisors Inc. raised its stake in shares of iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after acquiring an additional 121 shares during the last quarter. Finally, Lodestar Private Asset Management LLC raised its stake in shares of iShares MBS ETF by 0.6% in the third quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after acquiring an additional 131 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2 %

Shares of NASDAQ MBB opened at $93.55 on Thursday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The company has a 50-day moving average of $93.82 and a two-hundred day moving average of $93.48.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date of this dividend 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).