B. Riley Wealth Advisors Inc. Acquires 1,694 Shares of iShares MBS ETF (NASDAQ:MBB)

Posted by Dante Gardener on Dec 14th, 2024

B. Riley Wealth Advisors Inc. boosted its holdings in iShares MBS ETF (NASDAQ:MBB – Free Report) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,698 shares of the company’s stock after buying an additional 1,694 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares MBS ETF were worth $8,189,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hobbs Group Advisors LLC raised its stake in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF in the 3rd quarter worth $30,000. Chris Bulman Inc bought a new position in iShares MBS ETF during the 2nd quarter worth about $31,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares MBS ETF in the 3rd quarter valued at about $33,000. Finally, Rothschild Investment LLC bought a new position in shares of iShares MBS ETF during the second quarter worth about $33,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.5 %

Shares of MBB opened at $92.50 on Friday. The company has a 50 day moving average of $93.26 and a 200-day moving average of $93.64. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.3074 per share. The ex-dividend date was Monday, December 2nd.

iShares MBS ETF 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).