Bailard Inc. Raises Stock Position in iShares MBS ETF (NASDAQ:MBB)

Bailard Inc. boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 1.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 71,330 shares of the company’s stock after purchasing an additional 1,199 shares during the quarter. Bailard Inc.’s holdings in iShares MBS ETF were worth $6,540,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Hobbs Group Advisors LLC boosted its holdings in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. MeadowBrook Investment Advisors LLC boosted its holdings in shares of iShares MBS ETF by 413.5% during 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 during the last quarter. Key Financial Inc boosted its holdings in shares of iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after purchasing an additional 422 shares during the last quarter. Activest Wealth Management bought a new position in shares of iShares MBS ETF during the 4th quarter valued at about $58,000. Finally, CENTRAL TRUST Co boosted its holdings in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after purchasing an additional 189 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $94.08 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The firm has a 50-day simple moving average of $91.92 and a two-hundred day simple moving average of $93.39.

iShares MBS ETF Increases Dividend

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

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).