iShares MBS ETF (NASDAQ:MBB) Sees Large Volume Increase

Shares of iShares MBS ETF (NASDAQ:MBB) saw unusually-strong trading volume on Thursday . Approximately 1,991,649 shares changed hands during trading, a decline of 13% from the previous session’s volume of 2,281,397 shares.The stock last traded at $95.49 and had previously closed at $95.68.

iShares MBS ETF Price Performance

The firm has a fifty day simple moving average of $95.29 and a two-hundred day simple moving average of $92.81.

iShares MBS ETF Announces Dividend

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

Institutional Trading of iShares MBS ETF

Several large investors have recently bought and sold shares of the company. Strait & Sound Wealth Management LLC lifted its stake in shares of iShares MBS ETF by 3.7% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock valued at $298,000 after purchasing an additional 117 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares MBS ETF by 1.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after buying an additional 119 shares in the last quarter. DB Fitzpatrick & Co Inc grew its position in shares of iShares MBS ETF by 0.6% in the 2nd quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock worth $1,792,000 after buying an additional 119 shares during the period. New Republic Capital LLC grew its position in shares of iShares MBS ETF by 5.0% in the 1st quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock worth $244,000 after buying an additional 125 shares during the period. Finally, Westwood Holdings Group Inc. increased its stake in shares of iShares MBS ETF by 1.5% in the 2nd quarter. Westwood Holdings Group Inc. now owns 9,129 shares of the company’s stock worth $838,000 after acquiring an additional 134 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

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).