Claro Advisors LLC Raises Holdings in iShares MBS ETF (NASDAQ:MBB)

Claro Advisors LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 164.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 19,929 shares of the company’s stock after buying an additional 12,400 shares during the quarter. Claro Advisors LLC’s holdings in iShares MBS ETF were worth $1,909,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Chris Bulman Inc purchased a new stake in shares of iShares MBS ETF during the 2nd quarter worth $31,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF during the 3rd quarter worth $33,000. Rothschild Investment LLC acquired a new position in shares of iShares MBS ETF during the second quarter worth $33,000. Finally, MeadowBrook Investment Advisors LLC increased its holdings in iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 306 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.18 on Friday. The stock’s fifty day moving average is $94.40 and its two-hundred day moving average is $93.36. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid 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).