Family Asset Management LLC Has $3.82 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Family Asset Management LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 85.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,823 shares of the company’s stock after purchasing an additional 18,398 shares during the period. iShares MBS ETF makes up approximately 2.3% of Family Asset Management LLC’s holdings, making the stock its 9th biggest position. Family Asset Management LLC’s holdings in iShares MBS ETF were worth $3,815,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MBB. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $30,000. Chris Bulman Inc acquired a new position in iShares MBS ETF during the second quarter worth $31,000. Rothschild Investment LLC acquired a new position in iShares MBS ETF during the second quarter worth $33,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the third quarter worth $33,000. Finally, PSI Advisors LLC increased 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 worth $42,000 after buying an additional 435 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 1.0 %

iShares MBS ETF stock traded down $0.93 during mid-day trading on Wednesday, hitting $91.94. 101,866 shares of the company’s stock 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 stock has a 50 day moving average of $94.87 and a two-hundred day moving average of $93.23.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a $0.3099 dividend. The ex-dividend date is Friday, November 1st.

iShares MBS ETF Company 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).