Inspire Advisors LLC Purchases New Shares in iShares MBS ETF (NASDAQ:MBB)

Inspire Advisors LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 32,541 shares of the company’s stock, valued at approximately $2,988,000. iShares MBS ETF makes up 0.4% of Inspire Advisors LLC’s portfolio, making the stock its 20th largest position.

A number of other hedge funds have also recently bought and sold shares of the company. Financial Management Professionals Inc. bought a new position in shares of iShares MBS ETF in the first quarter valued at approximately $26,000. Chris Bulman Inc purchased a new position in iShares MBS ETF in the second quarter valued at about $31,000. Versant Capital Management Inc purchased a new stake in shares of iShares MBS ETF during the 1st quarter worth approximately $32,000. Rothschild Investment LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $33,000. Finally, Able Wealth Management LLC purchased a new position in iShares MBS ETF in the fourth quarter valued at approximately $43,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $96.50 on Friday. The business has a fifty day simple moving average of $94.41 and a two-hundred day simple moving average of $92.45. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $96.71.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

About iShares MBS ETF

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).