Theory Financial LLC Raises Stake in iShares MBS ETF (NASDAQ:MBB)

Theory Financial LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,360 shares of the company’s stock after purchasing an additional 2,402 shares during the quarter. iShares MBS ETF makes up approximately 3.5% of Theory Financial LLC’s investment portfolio, making the stock its 6th largest holding. Theory Financial LLC’s holdings in iShares MBS ETF were worth $9,132,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MBB. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF during the third quarter worth about $30,000. Chris Bulman Inc acquired a new stake in iShares MBS ETF during the second quarter worth about $31,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $33,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $33,000. Finally, MeadowBrook Investment Advisors LLC boosted its stake in shares of iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $92.18 on Monday. The company’s 50 day moving average is $94.40 and its 200-day moving average is $93.38. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

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