Stone House Investment Management LLC Grows Holdings in iShares MBS ETF (NASDAQ:MBB)

Stone House Investment Management LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 5.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 131,634 shares of the company’s stock after purchasing an additional 6,313 shares during the quarter. iShares MBS ETF makes up approximately 2.6% of Stone House Investment Management LLC’s investment portfolio, making the stock its 12th largest position. Stone House Investment Management LLC’s holdings in iShares MBS ETF were worth $12,612,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Ancora Advisors LLC increased its stake in shares of iShares MBS ETF by 137.4% during the first quarter. Ancora Advisors LLC now owns 23,985 shares of the company’s stock valued at $2,217,000 after buying an additional 13,882 shares during the period. Redwood Investment Management LLC raised its holdings in shares of iShares MBS ETF by 5.4% in the 1st quarter. Redwood Investment Management LLC now owns 14,682 shares of the company’s stock valued at $1,357,000 after purchasing an additional 758 shares in the last quarter. Coppell Advisory Solutions Corp. bought a new stake in shares of iShares MBS ETF in the 1st quarter valued at about $456,000. Comerica Bank lifted its position in shares of iShares MBS ETF by 27.0% in the 1st quarter. Comerica Bank now owns 61,807 shares of the company’s stock worth $5,712,000 after purchasing an additional 13,138 shares during the period. Finally, Cim LLC boosted its stake in shares of iShares MBS ETF by 5.1% during the first quarter. Cim LLC now owns 97,224 shares of the company’s stock valued at $8,985,000 after purchasing an additional 4,737 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Up 0.1 %

NASDAQ MBB traded up $0.12 during midday trading on Wednesday, hitting $93.44. 200,412 shares of the company traded hands, compared to its average volume of 2,394,154. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company’s 50-day simple moving average is $93.87 and its 200-day simple moving average is $93.48.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3099 dividend. The ex-dividend date was 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).