Edgestream Partners L.P. Invests $1.40 Million in iShares MBS ETF (NASDAQ:MBB)

Edgestream Partners L.P. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 14,644 shares of the company’s stock, valued at approximately $1,403,000.

Other hedge funds have also made changes to their positions in the company. Kingswood Wealth Advisors LLC boosted its holdings in shares of iShares MBS ETF by 16.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 3,972 shares of the company’s stock worth $365,000 after purchasing an additional 558 shares during the last quarter. Simplicity Wealth LLC increased its stake in shares of iShares MBS ETF by 9.8% in the 2nd quarter. Simplicity Wealth LLC now owns 46,855 shares of the company’s stock worth $4,302,000 after acquiring an additional 4,184 shares during the last quarter. Parkside Investments LLC raised its holdings in shares of iShares MBS ETF by 4.9% during the 2nd quarter. Parkside Investments LLC now owns 208,060 shares of the company’s stock worth $19,102,000 after acquiring an additional 9,735 shares during the period. Manning & Napier Advisors LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter valued at about $34,976,000. Finally, Capital Investment Advisors LLC grew its holdings in shares of iShares MBS ETF by 1.0% in the second quarter. Capital Investment Advisors LLC now owns 418,092 shares of the company’s stock valued at $38,385,000 after purchasing an additional 4,176 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

Shares of MBB stock opened at $93.35 on Wednesday. The firm’s 50-day moving average is $93.61 and its two-hundred day moving average is $93.55. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be given a $0.3074 dividend. The ex-dividend date is Monday, December 2nd.

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).