Range Advisory LLC Has $3.05 Million Stock Holdings in iShares MBS ETF $MBB

Range Advisory LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 55.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,300 shares of the company’s stock after purchasing an additional 11,574 shares during the period. Range Advisory LLC’s holdings in iShares MBS ETF were worth $3,053,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MBB. Brighton Jones LLC purchased a new stake in iShares MBS ETF during the fourth quarter valued at about $273,000. AQR Capital Management LLC increased its position in shares of iShares MBS ETF by 11.4% in the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after acquiring an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of iShares MBS ETF by 13.0% during the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after acquiring an additional 43,527 shares during the period. Invesco Ltd. raised its holdings in shares of iShares MBS ETF by 2.5% during the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock valued at $1,075,000 after acquiring an additional 279 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares MBS ETF during the second quarter valued at approximately $240,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $92.71 on Tuesday. The firm has a 50 day simple moving average of $93.36 and a 200 day simple moving average of $94.34. iShares MBS ETF has a 52 week low of $92.28 and a 52 week high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.3388 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).