Savvy Advisors Inc. Raises Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Savvy Advisors Inc. boosted its position in iShares MBS ETF (NASDAQ:MBB) by 4.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,918 shares of the company’s stock after purchasing an additional 121 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares MBS ETF were worth $280,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MBB. Envestnet Asset Management Inc. grew its holdings in shares of iShares MBS ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after buying an additional 2,829,414 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after acquiring an additional 1,157,953 shares during the period. Jane Street Group LLC raised its position in shares of iShares MBS ETF by 542.0% during the 1st quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after purchasing an additional 7,116,171 shares during the period. TIAA Trust National Association raised its holdings in iShares MBS ETF by 2.3% during the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after acquiring an additional 107,420 shares during the period. Finally, Allworth Financial LP lifted its holdings in iShares MBS ETF by 2.4% in the 3rd quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock worth $294,127,000 after purchasing an additional 71,046 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

Shares of MBB stock opened at $92.39 on Thursday. The company’s fifty day simple moving average is $94.61 and its two-hundred day simple moving average is $93.33. iShares MBS ETF has a 52 week low of $89.11 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

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