ISHARES Tr/MBS ETF (MBB) Sets New 1-Year Low at $101.90

ISHARES Tr/MBS ETF (NASDAQ:MBB)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $101.90 and last traded at $101.92, with a volume of 16731 shares trading hands. The stock had previously closed at $102.32.

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd will be issued a $0.2543 dividend. This is a positive change from ISHARES Tr/MBS ETF’s previous monthly dividend of $0.22. This represents a $3.05 annualized dividend and a yield of 3.00%. The ex-dividend date is Thursday, November 1st.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HL Financial Services LLC purchased a new stake in shares of ISHARES Tr/MBS ETF during the third quarter valued at $217,000. Wells Fargo & Company MN grew its holdings in shares of ISHARES Tr/MBS ETF by 9.2% during the third quarter. Wells Fargo & Company MN now owns 6,915,276 shares of the company’s stock valued at $714,556,000 after buying an additional 585,450 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of ISHARES Tr/MBS ETF by 72.2% during the third quarter. Private Advisor Group LLC now owns 54,614 shares of the company’s stock valued at $5,643,000 after buying an additional 22,906 shares during the last quarter. Millburn Ridgefield Corp grew its holdings in shares of ISHARES Tr/MBS ETF by 38.3% during the third quarter. Millburn Ridgefield Corp now owns 7,230 shares of the company’s stock valued at $747,000 after buying an additional 2,002 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of ISHARES Tr/MBS ETF by 186.7% during the third quarter. Parallel Advisors LLC now owns 1,534 shares of the company’s stock valued at $159,000 after buying an additional 999 shares during the last quarter.

ISHARES Tr/MBS ETF Company Profile (NASDAQ:MBB)

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).

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