First Horizon Advisors Inc. Grows Position in iShares MBS ETF (NASDAQ:MBB)

First Horizon Advisors Inc. increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 16.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,557 shares of the company’s stock after purchasing an additional 5,264 shares during the period. First Horizon Advisors Inc.’s holdings in iShares MBS ETF were worth $3,598,000 as of its most recent SEC filing.

A number of 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 stake in shares of iShares MBS ETF in the third quarter worth $30,000. Chris Bulman Inc bought a new stake in shares of iShares MBS ETF during the second quarter valued at about $31,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF in the third quarter worth about $33,000. Rothschild Investment LLC acquired a new stake in iShares MBS ETF during the 2nd quarter worth about $33,000. Finally, MeadowBrook Investment Advisors LLC lifted its stake in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.33 on Thursday. The firm’s fifty day simple moving average is $94.16 and its 200-day simple moving average is $93.40. 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 $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 1st.

iShares MBS ETF 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).