Resurgent Financial Advisors LLC Buys 2,282 Shares of iShares MBS ETF (NASDAQ:MBB)

Resurgent Financial Advisors LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 30.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,850 shares of the company’s stock after purchasing an additional 2,282 shares during the period. Resurgent Financial Advisors LLC’s holdings in iShares MBS ETF were worth $944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $30,000. Chris Bulman Inc purchased a new stake in iShares MBS ETF in the 2nd quarter worth about $31,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF in the 2nd quarter worth about $33,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF in the 3rd quarter worth about $33,000. Finally, MeadowBrook Investment Advisors LLC raised its position in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $93.64 on Thursday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The company’s 50-day moving average is $93.57 and its 200 day moving average is $93.55.

iShares MBS ETF Cuts Dividend

The business also recently announced 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 of this dividend is Monday, December 2nd.

iShares MBS ETF Company 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).