Semmax Financial Advisors Inc. Purchases 3,480 Shares of iShares MBS ETF (NASDAQ:MBB)

Semmax Financial Advisors Inc. grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 9.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,685 shares of the company’s stock after buying an additional 3,480 shares during the period. Semmax Financial Advisors Inc.’s holdings in iShares MBS ETF were worth $3,762,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MBB. Financial Management Professionals Inc. purchased a new position in iShares MBS ETF during the first quarter valued at $26,000. Chris Bulman Inc purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth about $31,000. Versant Capital Management Inc bought a new position in iShares MBS ETF in the 1st quarter worth about $32,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF during the 2nd quarter valued at about $33,000. Finally, Able Wealth Management LLC purchased a new stake in iShares MBS ETF during the 4th quarter valued at about $43,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock opened at $96.08 on Tuesday. The company has a 50-day simple moving average of $94.86 and a two-hundred day simple moving average of $92.63. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.76.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).