JB Capital LLC Has $32.18 Million Stake in iShares MBS ETF (NASDAQ:MBB)

JB Capital LLC reduced its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 1.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335,835 shares of the company’s stock after selling 5,622 shares during the period. iShares MBS ETF accounts for approximately 1.8% of JB Capital LLC’s portfolio, making the stock its 12th biggest holding. JB Capital LLC owned 0.09% of iShares MBS ETF worth $32,176,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of iShares MBS ETF by 26.7% in the first quarter. BNP Paribas Financial Markets now owns 72,203 shares of the company’s stock worth $6,673,000 after buying an additional 15,224 shares during the last quarter. Advisory Services Network LLC raised its holdings in iShares MBS ETF by 21.9% in the 1st quarter. Advisory Services Network LLC now owns 53,595 shares of the company’s stock worth $4,953,000 after acquiring an additional 9,633 shares during the period. Concord Investment Counsel Inc. acquired a new position in iShares MBS ETF during the 1st quarter worth $728,000. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares MBS ETF by 6.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 2,792,215 shares of the company’s stock valued at $258,056,000 after acquiring an additional 164,686 shares during the period. Finally, Spectrum Investment Advisors Inc. grew its position in shares of iShares MBS ETF by 2.0% in the first quarter. Spectrum Investment Advisors Inc. now owns 75,283 shares of the company’s stock valued at $6,958,000 after purchasing an additional 1,512 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.7 %

Shares of iShares MBS ETF stock traded up $0.66 during trading on Thursday, reaching $92.79. The company’s stock had a trading volume of 155,400 shares, compared to its average volume of 2,309,285. iShares MBS ETF has a one year low of $87.87 and a one year high of $96.76. The business’s fifty day moving average price is $94.81 and its 200-day moving average price is $93.22.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.3099 dividend. The ex-dividend date of this dividend was Friday, November 1st.

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).