Janney Montgomery Scott LLC Boosts Stake in iShares MBS ETF (NASDAQ:MBB)

Janney Montgomery Scott LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 0.4% during the 4th quarter, Holdings Channel reports. The firm owned 1,490,429 shares of the company’s stock after purchasing an additional 5,604 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MBS ETF were worth $136,643,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Exchange Traded Concepts LLC bought a new position in iShares MBS ETF during the 3rd quarter worth approximately $519,000. Ascent Group LLC increased its stake in shares of iShares MBS ETF by 27.5% in the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after buying an additional 16,488 shares during the period. Principal Financial Group Inc. bought a new stake in iShares MBS ETF during the 3rd quarter valued at $289,000. AAFMAA Wealth Management & Trust LLC increased its position in shares of iShares MBS ETF by 0.9% in the third quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after acquiring an additional 592 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MBS ETF by 76.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 65,437 shares of the company’s stock worth $6,008,000 after purchasing an additional 28,456 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2 %

MBB opened at $91.77 on Thursday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The business has a 50 day simple moving average of $92.20 and a two-hundred day simple moving average of $93.60.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).