iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Eagle Ridge Investment Management

Posted by Donald Scott on Oct 25th, 2024

Eagle Ridge Investment Management boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 6.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 218,132 shares of the company’s stock after purchasing an additional 13,366 shares during the quarter. iShares MBS ETF makes up approximately 1.8% of Eagle Ridge Investment Management’s portfolio, making the stock its 21st biggest holding. Eagle Ridge Investment Management’s holdings in iShares MBS ETF were worth $20,899,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MBB. Financial Management Professionals Inc. acquired a new stake in shares of iShares MBS ETF in the 1st quarter valued at about $26,000. Chris Bulman Inc bought a new stake in iShares MBS ETF in the second quarter valued at about $31,000. Rothschild Investment LLC acquired a new stake in iShares MBS ETF during the second quarter valued at approximately $33,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF during the 3rd quarter worth approximately $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 worth $42,000 after acquiring an additional 435 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.1 %

Shares of NASDAQ MBB opened at $93.31 on Friday. iShares MBS ETF has a twelve month low of $85.85 and a twelve month high of $96.76. The business has a 50 day simple moving average of $95.29 and a 200-day simple moving average of $93.04.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares MBS ETF

(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).