Range Financial Group LLC Makes New $1.01 Million Investment in iShares MBS ETF (NASDAQ:MBB)

Range Financial Group LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 10,981 shares of the company’s stock, valued at approximately $1,007,000.

Several other large investors have also made changes to their positions in MBB. Strategic Blueprint LLC lifted its holdings in shares of iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after buying an additional 116 shares during the last quarter. Cypress Wealth Services LLC raised its stake in iShares MBS ETF by 0.3% during the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after purchasing an additional 120 shares during the last quarter. 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 valued at $280,000 after purchasing an additional 121 shares during the period. Delos Wealth Advisors LLC boosted its holdings in iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after purchasing an additional 121 shares during the period. Finally, Lodestar Private Asset Management LLC increased its holdings in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.3 %

Shares of NASDAQ MBB traded down $0.26 during mid-day trading on Tuesday, hitting $91.12. The company had a trading volume of 2,176,052 shares, compared to its average volume of 2,090,136. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The business’s 50-day simple moving average is $92.54 and its 200-day simple moving average is $93.66.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

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).