Bay Harbor Wealth Management LLC Increases Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Bay Harbor Wealth Management LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,033 shares of the company’s stock after purchasing an additional 1,518 shares during the period. iShares MBS ETF comprises about 2.1% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 18th biggest position. Bay Harbor Wealth Management LLC’s holdings in iShares MBS ETF were worth $6,518,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Financial Management Professionals Inc. acquired a new position in iShares MBS ETF during the 1st quarter worth $26,000. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF during the third quarter worth about $30,000. Chris Bulman Inc purchased a new stake in shares of iShares MBS ETF during the second quarter worth approximately $31,000. Godsey & Gibb Inc. acquired a new stake in iShares MBS ETF in the third quarter valued at approximately $33,000. Finally, Rothschild Investment LLC purchased a new position in iShares MBS ETF in the second quarter worth approximately $33,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2 %

NASDAQ MBB opened at $93.12 on Friday. iShares MBS ETF has a 52 week low of $86.08 and a 52 week high of $96.76. The firm has a 50 day moving average of $95.23 and a two-hundred day moving average of $93.06.

iShares MBS ETF Dividend Announcement

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

About iShares MBS ETF

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).