Galvin Gaustad & Stein LLC Has $22.74 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Galvin Gaustad & Stein LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 237,341 shares of the company’s stock after buying an additional 4,635 shares during the quarter. iShares MBS ETF comprises 2.0% of Galvin Gaustad & Stein LLC’s investment portfolio, making the stock its 15th largest holding. Galvin Gaustad & Stein LLC owned approximately 0.07% of iShares MBS ETF worth $22,740,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares MBS ETF by 12.7% in the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock valued at $2,298,639,000 after purchasing an additional 2,829,414 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares MBS ETF by 6.9% in the second quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after purchasing an additional 1,157,953 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares MBS ETF by 542.0% in the first quarter. Jane Street Group LLC now owns 8,429,084 shares of the company’s stock valued at $779,016,000 after purchasing an additional 7,116,171 shares in the last quarter. TIAA Trust National Association raised its stake in shares of iShares MBS ETF by 2.3% in the second quarter. TIAA Trust National Association now owns 4,768,602 shares of the company’s stock valued at $437,805,000 after purchasing an additional 107,420 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of iShares MBS ETF by 2.4% in the third quarter. Allworth Financial LP now owns 3,069,901 shares of the company’s stock valued at $294,127,000 after purchasing an additional 71,046 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $93.09 on Friday. The business has a fifty day simple moving average of $94.72 and a 200 day simple moving average of $93.24. iShares MBS ETF has a one year low of $87.87 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

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

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).