Penserra Capital Management LLC Takes $18.45 Million Position in iShares MBS ETF (NASDAQ:MBB)

Penserra Capital Management LLC bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 192,619 shares of the company’s stock, valued at approximately $18,454,000. Penserra Capital Management LLC owned 0.05% of iShares MBS ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Strategic Blueprint LLC grew its position in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after acquiring an additional 116 shares during the period. DB Fitzpatrick & Co Inc boosted its holdings in iShares MBS ETF by 0.6% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after buying an additional 119 shares during the period. Cypress Wealth Services LLC boosted its holdings in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after buying an additional 120 shares during the period. Savvy Advisors Inc. boosted its holdings in iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares during the period. Finally, Lodestar Private Asset Management LLC boosted its holdings in iShares MBS ETF by 0.6% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after buying an additional 131 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.2 %

MBB opened at $92.60 on Friday. The company has a 50 day moving average of $94.00 and a 200 day moving average of $93.42. 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 disclosed a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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).