iShares MBS ETF (NASDAQ:MBB) Shares Acquired by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,570,328 shares of the company’s stock after acquiring an additional 91,598 shares during the period. iShares MBS ETF makes up about 2.9% of Miracle Mile Advisors LLC’s portfolio, making the stock its 7th largest holding. Miracle Mile Advisors LLC owned 0.40% of iShares MBS ETF worth $143,968,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Exchange Traded Concepts LLC purchased a new stake in shares of iShares MBS ETF during the third quarter worth about $519,000. Ascent Group LLC boosted its holdings in iShares MBS ETF by 27.5% in the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after buying an additional 16,488 shares during the last quarter. Zions Bancorporation N.A. acquired a new position in shares of iShares MBS ETF during the second quarter valued at approximately $189,000. AAFMAA Wealth Management & Trust LLC raised its holdings in shares of iShares MBS ETF by 0.9% during the third quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after acquiring an additional 592 shares during the last quarter. Finally, Principal Financial Group Inc. purchased a new position in shares of iShares MBS ETF in the third quarter valued at approximately $289,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

Shares of MBB traded down $0.15 during trading hours on Monday, hitting $90.37. 4,140,619 shares of the stock were exchanged, compared to its average volume of 2,590,560. The stock’s 50-day moving average price is $92.40 and its two-hundred day moving average price is $93.62. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).