Latitude Advisors LLC Acquires 896 Shares of iShares MBS ETF (NASDAQ:MBB)

Latitude Advisors LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 15.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,735 shares of the company’s stock after buying an additional 896 shares during the quarter. Latitude Advisors LLC’s holdings in iShares MBS ETF were worth $645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Strategic Blueprint LLC raised its position in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after purchasing an additional 116 shares during the period. Strait & Sound Wealth Management LLC increased its holdings in iShares MBS ETF by 3.7% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock worth $298,000 after acquiring an additional 117 shares during the period. DB Fitzpatrick & Co Inc increased its holdings in iShares MBS ETF by 0.6% during the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after acquiring an additional 119 shares during the period. Cypress Wealth Services LLC increased its holdings 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 worth $4,463,000 after acquiring an additional 120 shares during the period. Finally, New Republic Capital LLC increased its holdings in iShares MBS ETF by 5.0% during the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock worth $244,000 after acquiring an additional 125 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.4 %

iShares MBS ETF stock opened at $92.12 on Friday. The firm’s 50 day simple moving average is $94.98 and its 200 day simple moving average is $93.16. iShares MBS ETF has a 1-year low of $87.78 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a dividend of $0.3099 per share. The ex-dividend date is 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).