Mill Creek Capital Advisors LLC Boosts Holdings in iShares MBS ETF (NASDAQ:MBB)

Posted by Defense World Staff on Sep 24th, 2024

Mill Creek Capital Advisors LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 2.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 500,530 shares of the company’s stock after acquiring an additional 12,552 shares during the quarter. iShares MBS ETF comprises about 1.2% of Mill Creek Capital Advisors LLC’s holdings, making the stock its 14th largest position. Mill Creek Capital Advisors LLC owned 0.14% of iShares MBS ETF worth $45,954,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $96.08 on Tuesday. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.76. The business’s 50-day moving average is $94.86 and its two-hundred day moving average is $92.63.

iShares MBS ETF Announces Dividend

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

About iShares MBS ETF

(Free Report)

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).