Richardson Financial Services Inc. Has $230,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Richardson Financial Services Inc. boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,501 shares of the company’s stock after buying an additional 215 shares during the period. Richardson Financial Services Inc.’s holdings in iShares MBS ETF were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MBB. Financial Management Professionals Inc. acquired a new position in iShares MBS ETF during the first quarter valued at approximately $26,000. St. Johns Investment Management Company LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $30,000. Chris Bulman Inc acquired a new stake in iShares MBS ETF during the 2nd quarter worth $31,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF during the third quarter worth about $33,000. Finally, Rothschild Investment LLC acquired a new position in iShares MBS ETF in the second quarter valued at about $33,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB traded down $0.19 on Friday, hitting $93.12. The company’s stock had a trading volume of 1,560,306 shares, compared to its average volume of 2,300,247. The firm’s fifty day moving average price is $95.23 and its 200-day moving average price is $93.06. iShares MBS ETF has a fifty-two week low of $86.08 and a fifty-two week high of $96.76.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).