Savvy Advisors Inc. Buys 121 Shares of iShares MBS ETF (NASDAQ:MBB)

Savvy Advisors Inc. lifted its position in iShares MBS ETF (NASDAQ:MBB) by 4.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,918 shares of the company’s stock after purchasing an additional 121 shares during the period. Savvy Advisors Inc.’s holdings in iShares MBS ETF were worth $280,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC raised its position in 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 last quarter. Envestnet Asset Management Inc. increased its stake 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 period. Dynasty Wealth Management LLC bought a new position in shares of iShares MBS ETF during the first quarter valued at approximately $158,046,000. LPL Financial LLC boosted its holdings in iShares MBS ETF by 6.9% in the second 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 in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in iShares MBS ETF by 2,198.6% in the first quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock valued at $91,886,000 after acquiring an additional 950,966 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $92.39 on Thursday. The firm has a fifty day simple moving average of $94.61 and a two-hundred day simple moving average of $93.33. iShares MBS ETF has a 12 month low of $89.11 and a 12 month 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 paid a $0.3099 dividend. 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).