Key Financial Inc Has $40,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Key Financial Inc boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 4,220.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 432 shares of the company’s stock after purchasing an additional 422 shares during the quarter. Key Financial Inc’s holdings in iShares MBS ETF were worth $40,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hobbs Group Advisors LLC raised its position in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC raised its position 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 buying an additional 306 shares in the last quarter. Finally, Activest Wealth Management acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at approximately $58,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.5 %

Shares of iShares MBS ETF stock opened at $91.99 on Wednesday. The firm’s 50 day moving average is $91.82 and its 200 day moving average is $93.49. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3414 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

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).