Loomis Sayles & Co. L P Grows Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Posted by Shane Hupp on Nov 29th, 2024

Loomis Sayles & Co. L P grew its position in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 163.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,069 shares of the company’s stock after buying an additional 2,524 shares during the quarter. Loomis Sayles & Co. L P’s holdings in iShares MBS ETF were worth $390,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MBB. Exchange Traded Concepts LLC bought a new position in iShares MBS ETF in the 3rd quarter worth $519,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MBS ETF in the second quarter worth about $61,000. Ascent Group LLC boosted its position in iShares MBS ETF by 27.5% during the 2nd quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after acquiring an additional 16,488 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in iShares MBS ETF during the 2nd quarter valued at approximately $189,000. Finally, AAFMAA Wealth Management & Trust LLC grew its holdings in shares of iShares MBS ETF by 0.9% during the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock worth $6,409,000 after acquiring an additional 592 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $93.55 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The business has a 50 day moving average of $93.77 and a 200-day moving average of $93.48.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 1st.

About iShares MBS ETF

(Free Report)

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).