Principal Securities Inc. Increases Stake in iShares MBS ETF (NASDAQ:MBB)

Principal Securities Inc. raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 35.6% in the third quarter, Holdings Channel reports. The institutional investor owned 113,795 shares of the company’s stock after acquiring an additional 29,902 shares during the period. Principal Securities Inc.’s holdings in iShares MBS ETF were worth $10,903,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Crewe Advisors LLC increased its holdings in iShares MBS ETF by 62.8% during the first quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock valued at $132,000 after buying an additional 550 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MBS ETF during the second quarter valued at approximately $61,000. Ascent Group LLC increased its holdings in iShares MBS ETF by 27.5% during the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after buying an additional 16,488 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in iShares MBS ETF during the second quarter valued at approximately $189,000. Finally, AAFMAA Wealth Management & Trust LLC increased its holdings in 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 buying an additional 592 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1 %

MBB opened at $92.84 on Friday. iShares MBS ETF has a 1-year low of $86.48 and a 1-year high of $96.76. The company has a 50 day simple moving average of $95.05 and a two-hundred day simple moving average of $93.12.

iShares MBS ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares MBS ETF Profile

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).