Edgestream Partners L.P. Makes New $1.40 Million Investment in iShares MBS ETF (NASDAQ:MBB)

Edgestream Partners L.P. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, Holdings Channel reports. The fund purchased 14,644 shares of the company’s stock, valued at approximately $1,403,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Strategic Blueprint LLC boosted its position in shares of iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after buying an additional 116 shares during the period. DB Fitzpatrick & Co Inc boosted 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 valued at $1,792,000 after acquiring an additional 119 shares during the period. Cypress Wealth Services LLC grew its position in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after acquiring an additional 120 shares in the last quarter. Savvy Advisors Inc. increased its stake in iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares during the period. Finally, Lodestar Private Asset Management LLC lifted its position in shares of iShares MBS ETF by 0.6% during the third quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after purchasing an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.35 on Wednesday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The firm has a 50 day simple moving average of $93.61 and a 200-day simple moving average of $93.55.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.3074 per share. The ex-dividend date is Monday, December 2nd.

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).