Alesco Advisors LLC Acquires 920 Shares of iShares MBS ETF (NASDAQ:MBB)

Alesco Advisors LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 12.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,485 shares of the company’s stock after acquiring an additional 920 shares during the quarter. Alesco Advisors LLC’s holdings in iShares MBS ETF were worth $813,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Optivise Advisory Services LLC purchased a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $1,439,000. Great Valley Advisor Group Inc. increased its position in iShares MBS ETF by 26.7% during the third quarter. Great Valley Advisor Group Inc. now owns 12,132 shares of the company’s stock valued at $1,162,000 after acquiring an additional 2,553 shares during the last quarter. Meridian Wealth Management LLC purchased a new stake in shares of iShares MBS ETF in the third quarter valued at $222,000. Nwam LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth about $663,000. Finally, CFS Investment Advisory Services LLC grew its holdings in iShares MBS ETF by 2.1% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 368,076 shares of the company’s stock valued at $35,266,000 after purchasing an additional 7,698 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $92.60 on Friday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The company’s 50-day moving average is $94.00 and its 200 day moving average is $93.41.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3099 per share. 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).