Ade LLC Buys 665 Shares of iShares MBS ETF (NASDAQ:MBB)

Ade LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 9.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,835 shares of the company’s stock after purchasing an additional 665 shares during the period. Ade LLC’s holdings in iShares MBS ETF were worth $718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MBB. Hobbs Group Advisors LLC lifted its position in iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new position in iShares MBS ETF during the 3rd quarter valued at about $30,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the third quarter worth about $33,000. MeadowBrook Investment Advisors LLC boosted its stake in iShares MBS ETF by 413.5% during the third 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. Finally, Massmutual Trust Co. FSB ADV increased its stake in shares of iShares MBS ETF by 254.2% during the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

MBB stock opened at $91.59 on Tuesday. The firm has a 50 day moving average price of $92.23 and a 200-day moving average price of $93.61. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

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 paid a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).