Verus Capital Partners LLC Increases Stock Position in iShares MBS ETF (NASDAQ:MBB)

Verus Capital Partners LLC grew its holdings in iShares MBS ETF (NASDAQ:MBBFree Report) by 21.8% during the 3rd quarter, Holdings Channel reports. The firm owned 33,711 shares of the company’s stock after buying an additional 6,032 shares during the period. Verus Capital Partners LLC’s holdings in iShares MBS ETF were worth $3,230,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF in the 3rd quarter valued at about $30,000. Chris Bulman Inc acquired a new position in shares of iShares MBS ETF in the second quarter valued at approximately $31,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF in the third quarter valued at approximately $33,000. Rothschild Investment LLC purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $33,000. Finally, PSI Advisors LLC boosted its position in iShares MBS ETF by 2,289.5% during the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after acquiring an additional 435 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.2 %

Shares of MBB opened at $92.93 on Tuesday. iShares MBS ETF has a fifty-two week low of $87.87 and a fifty-two week high of $96.76. The stock has a fifty day moving average of $94.67 and a two-hundred day moving average of $93.31.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date was Friday, November 1st.

iShares MBS ETF Company Profile

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBBFree Report).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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