Stock Traders Purchase Large Volume of Put Options on iShares MBS ETF (NASDAQ:MBB)

iShares MBS ETF (NASDAQ:MBB) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 39,557 put options on the stock. This represents an increase of approximately 11,673% compared to the average daily volume of 336 put options.

iShares MBS ETF Trading Down 0.0%

Shares of NASDAQ:MBB opened at $91.22 on Thursday. The company’s fifty day moving average price is $93.02 and its 200 day moving average price is $94.10. iShares MBS ETF has a 12 month low of $91.02 and a 12 month high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.3388 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Institutional Trading of iShares MBS ETF

A number of large investors have recently made changes to their positions in MBB. Talon Private Wealth LLC grew its position in shares of iShares MBS ETF by 1.3% during the second quarter. Talon Private Wealth LLC now owns 260,720 shares of the company’s stock worth $24,643,000 after acquiring an additional 3,219 shares during the last quarter. Tidal Investments LLC raised its position in iShares MBS ETF by 47.1% in the 2nd quarter. Tidal Investments LLC now owns 29,567 shares of the company’s stock valued at $2,785,000 after purchasing an additional 9,461 shares during the last quarter. Capital Analysts LLC raised its position in iShares MBS ETF by 21.6% in the 2nd quarter. Capital Analysts LLC now owns 82,871 shares of the company’s stock valued at $7,833,000 after purchasing an additional 14,709 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in iShares MBS ETF by 3.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 175,469 shares of the company’s stock worth $16,585,000 after purchasing an additional 6,131 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in iShares MBS ETF by 20.5% during the 2nd quarter. NewEdge Advisors LLC now owns 984,369 shares of the company’s stock worth $93,043,000 after purchasing an additional 167,127 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

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). 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).