Freedom Investment Management Inc. Has $502,000 Stock Position in iShares MBS ETF (NASDAQ:MBB)

Freedom Investment Management Inc. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 39.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,242 shares of the company’s stock after acquiring an additional 1,486 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares MBS ETF were worth $502,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its holdings in shares of iShares MBS ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 25,036,908 shares of the company’s stock worth $2,298,639,000 after acquiring an additional 2,829,414 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of iShares MBS ETF by 8.3% during the 3rd quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock worth $1,750,027,000 after purchasing an additional 1,404,263 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares MBS ETF by 6.9% during the 2nd quarter. LPL Financial LLC now owns 18,051,515 shares of the company’s stock valued at $1,657,310,000 after buying an additional 1,157,953 shares during the last quarter. Hilton Capital Management LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $88,586,000. Finally, BNP Paribas Financial Markets increased its holdings in iShares MBS ETF by 486.8% in the third quarter. BNP Paribas Financial Markets now owns 794,105 shares of the company’s stock worth $76,083,000 after buying an additional 658,777 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of MBB opened at $93.93 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The firm’s 50 day moving average price is $93.72 and its 200 day moving average price is $93.50.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed 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 of this dividend was Friday, November 1st.

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).