iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Hanlon Investment Management Inc.

Hanlon Investment Management Inc. raised its position in iShares MBS ETF (NASDAQ:MBB) by 22.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,057 shares of the company’s stock after purchasing an additional 2,037 shares during the quarter. Hanlon Investment Management Inc.’s holdings in iShares MBS ETF were worth $1,059,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Crewe Advisors LLC lifted its holdings in iShares MBS ETF by 62.8% in the first quarter. Crewe Advisors LLC now owns 1,426 shares of the company’s stock valued at $132,000 after acquiring an additional 550 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at $61,000. Ascent Group LLC grew its holdings in shares of iShares MBS ETF by 27.5% during the 2nd 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 period. Zions Bancorporation N.A. purchased a new stake in iShares MBS ETF in the 2nd quarter valued at about $189,000. Finally, AAFMAA Wealth Management & Trust LLC raised its holdings in iShares MBS ETF by 0.9% in the 3rd 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 period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.5 %

Shares of MBB opened at $92.56 on Tuesday. The firm has a 50-day simple moving average of $94.93 and a two-hundred day simple moving average of $93.20. 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 company also recently announced a dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be given a $0.3099 dividend. The ex-dividend date of this dividend is Friday, November 1st.

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).