Concourse Financial Group Securities Inc. Purchases 40,458 Shares of iShares MBS ETF (NASDAQ:MBB)

Posted by Donna Armstrong on Oct 13th, 2024

Concourse Financial Group Securities Inc. boosted its position in iShares MBS ETF (NASDAQ:MBB – Free Report) by 18.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 265,140 shares of the company’s stock after purchasing an additional 40,458 shares during the period. iShares MBS ETF accounts for about 1.5% of Concourse Financial Group Securities Inc.’s portfolio, making the stock its 9th biggest holding. Concourse Financial Group Securities Inc.’s holdings in iShares MBS ETF were worth $25,403,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. bought a new position in shares of iShares MBS ETF during the first quarter valued at $26,000. Chris Bulman Inc bought a new position in iShares MBS ETF during the 2nd quarter worth $31,000. Versant Capital Management Inc acquired a new position in iShares MBS ETF during the 1st quarter worth about $32,000. Rothschild Investment LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $33,000. Finally, PSI Advisors LLC grew its position in shares of iShares MBS ETF by 2,289.5% in the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.23 on Friday. The business has a 50-day moving average of $95.40 and a 200-day moving average of $92.92. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $96.76.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares MBS ETF Company Profile

(Free Report)

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).