192,619 Shares in iShares MBS ETF (NASDAQ:MBB) Bought by Penserra Capital Management LLC

Penserra Capital Management LLC bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 192,619 shares of the company’s stock, valued at approximately $18,454,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF in the third quarter valued at approximately $30,000. Chris Bulman Inc bought a new position in shares of iShares MBS ETF in the second quarter worth approximately $31,000. Rothschild Investment LLC bought a new position in shares of iShares MBS ETF in the second quarter worth approximately $33,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF in the third quarter worth approximately $33,000. Finally, MeadowBrook Investment Advisors LLC boosted its holdings in iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.2 %

NASDAQ:MBB opened at $92.60 on Friday. The firm’s fifty day simple moving average is $94.00 and its 200 day simple moving average is $93.42. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.3099 dividend. The ex-dividend date was Friday, November 1st.

iShares MBS ETF 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).