Angeles Investment Advisors LLC Buys 2,810 Shares of iShares MBS ETF (NASDAQ:MBB)

Angeles Investment Advisors LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 87.8% during the third quarter, according to its most recent filing with the SEC. The fund owned 6,010 shares of the company’s stock after buying an additional 2,810 shares during the quarter. Angeles Investment Advisors LLC’s holdings in iShares MBS ETF were worth $576,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in 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 purchased a new position in iShares MBS ETF during the second quarter valued at $31,000. Godsey & Gibb Inc. purchased a new position in iShares MBS ETF during the third quarter valued at $33,000. Rothschild Investment LLC bought a new position in shares of iShares MBS ETF during the second quarter valued at $33,000. Finally, PSI Advisors LLC increased its holdings in iShares MBS ETF by 2,289.5% in the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after buying an additional 435 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.7 %

NASDAQ:MBB traded down $0.62 on Wednesday, hitting $92.31. The stock had a trading volume of 1,449,046 shares, compared to its average volume of 2,330,344. iShares MBS ETF has a 52-week low of $87.87 and a 52-week high of $96.76. The business’s 50-day simple moving average is $94.61 and its two-hundred day simple moving average is $93.33.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3099 dividend. The ex-dividend date was Friday, November 1st.

iShares MBS ETF 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).