Tidal Investments LLC Buys 389 Shares of iShares MBS ETF (NASDAQ:MBB)

Tidal Investments LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,029 shares of the company’s stock after purchasing an additional 389 shares during the period. Tidal Investments LLC’s holdings in iShares MBS ETF were worth $1,244,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MBB. Envestnet Asset Management Inc. grew its holdings in 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 worth $2,298,639,000 after purchasing an additional 2,829,414 shares during the period. Fisher Asset Management LLC boosted its stake in shares of iShares MBS ETF by 8.3% during the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after acquiring an additional 1,404,263 shares during the period. LPL Financial LLC boosted its stake in shares of iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock worth $1,657,310,000 after acquiring an additional 1,157,953 shares during the period. Hilton Capital Management LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in iShares MBS ETF by 696.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock valued at $77,089,000 after acquiring an additional 703,598 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 1.2 %

MBB stock opened at $91.47 on Thursday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The company has a fifty day moving average price of $93.13 and a two-hundred day moving average price of $93.70.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th will be paid a dividend of $0.2944 per share. The ex-dividend date of this dividend is 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).