Catalina Capital Group LLC Sells 343 Shares of iShares MBS ETF (NASDAQ:MBB)

Posted by Sean Solarzano on Nov 6th, 2024

Catalina Capital Group LLC trimmed its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 6.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,203 shares of the company’s stock after selling 343 shares during the period. Catalina Capital Group LLC’s holdings in iShares MBS ETF were worth $498,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MBB. Crewe Advisors LLC raised its position in shares of iShares MBS ETF by 62.8% during the 1st quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock valued at $132,000 after buying an additional 550 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MBS ETF during the second quarter valued at about $61,000. Ascent Group LLC lifted its stake in iShares MBS ETF by 27.5% during the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock worth $7,028,000 after purchasing an additional 16,488 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of iShares MBS ETF in the 3rd quarter worth about $519,000. Finally, Zions Bancorporation N.A. bought a new position in shares of iShares MBS ETF during the 2nd quarter valued at about $189,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $92.87 on Wednesday. The business has a 50 day moving average of $94.87 and a 200 day moving average of $93.23. iShares MBS ETF has a 1-year low of $87.87 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a dividend of $0.3099 per share. The ex-dividend date is Friday, November 1st.

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).