Thrivent Financial for Lutherans Buys 357,445 Shares of iShares MBS ETF (NASDAQ:MBB)

Thrivent Financial for Lutherans increased its position in iShares MBS ETF (NASDAQ:MBB) by 92.5% during the third quarter, HoldingsChannel.com reports. The firm owned 743,690 shares of the company’s stock after acquiring an additional 357,445 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares MBS ETF were worth $71,252,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MBB. St. Johns Investment Management Company LLC bought a new position in shares of iShares MBS ETF in the third quarter worth approximately $30,000. Chris Bulman Inc bought a new position in iShares MBS ETF in the 2nd quarter valued at approximately $31,000. Rothschild Investment LLC bought a new position in iShares MBS ETF in the 2nd quarter valued at approximately $33,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. Finally, MeadowBrook Investment Advisors LLC increased its holdings in shares of 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 purchasing an additional 306 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2 %

Shares of NASDAQ:MBB opened at $92.18 on Monday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The stock’s fifty day moving average price is $94.40 and its 200-day moving average price is $93.38.

iShares MBS ETF Cuts Dividend

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