iShares MBS ETF (NASDAQ:MBB) Stock Position Increased by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,366 shares of the company’s stock after buying an additional 5,067 shares during the quarter. iShares MBS ETF comprises about 3.9% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 7th biggest holding. Cobblestone Asset Management LLC’s holdings in iShares MBS ETF were worth $5,764,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MBB. Manhattan West Asset Management LLC lifted its stake in shares of iShares MBS ETF by 14.3% in the fourth quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock worth $4,490,000 after buying an additional 5,976 shares in the last quarter. Crewe Advisors LLC bought a new position in iShares MBS ETF in the 4th quarter valued at approximately $82,000. CAP Partners LLC purchased a new stake in iShares MBS ETF during the 4th quarter valued at $1,082,000. Hilltop Holdings Inc. increased its holdings in shares of iShares MBS ETF by 0.3% in the 4th quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock worth $11,830,000 after purchasing an additional 343 shares in the last quarter. Finally, US Financial Advisors LLC raised its stake in shares of iShares MBS ETF by 7.2% in the fourth quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock worth $2,133,000 after purchasing an additional 1,518 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 1.1 %

Shares of iShares MBS ETF stock traded down $1.00 during trading on Monday, hitting $90.81. 2,514,771 shares of the company’s stock traded hands, compared to its average volume of 2,436,305. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $94.55. The business has a 50-day simple moving average of $91.24 and a 200-day simple moving average of $91.98.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.3002 per share. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date of this dividend was Monday, June 3rd.

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).