Janney Montgomery Scott LLC Has $142.26 Million Position in iShares MBS ETF (NASDAQ:MBB)

Janney Montgomery Scott LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 6.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,484,825 shares of the company’s stock after buying an additional 93,310 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MBS ETF were worth $142,261,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Optas LLC boosted its stake in iShares MBS ETF by 0.6% during the third quarter. Optas LLC now owns 73,656 shares of the company’s stock worth $7,057,000 after buying an additional 461 shares in the last quarter. Clear Creek Financial Management LLC lifted its holdings in shares of iShares MBS ETF by 12.7% during the 3rd quarter. Clear Creek Financial Management LLC now owns 10,777 shares of the company’s stock worth $1,033,000 after acquiring an additional 1,214 shares during the period. Fullcircle Wealth LLC boosted its position in shares of iShares MBS ETF by 9.1% during the 3rd quarter. Fullcircle Wealth LLC now owns 14,669 shares of the company’s stock valued at $1,361,000 after acquiring an additional 1,223 shares in the last quarter. Farther Finance Advisors LLC increased its stake in iShares MBS ETF by 14.3% in the third quarter. Farther Finance Advisors LLC now owns 143,566 shares of the company’s stock valued at $13,755,000 after acquiring an additional 17,992 shares during the period. Finally, Americana Partners LLC raised its position in iShares MBS ETF by 9.8% in the third quarter. Americana Partners LLC now owns 4,327 shares of the company’s stock worth $415,000 after purchasing an additional 386 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.12 on Friday. The company has a 50-day moving average price of $94.98 and a two-hundred day moving average price of $93.16. iShares MBS ETF has a 12 month low of $87.78 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a dividend of $0.3099 per share. The ex-dividend date is 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).