Kepos Capital LP Decreases Stock Position in iShares MBS ETF (NASDAQ:MBB)

Kepos Capital LP trimmed its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 14.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,700 shares of the company’s stock after selling 2,600 shares during the quarter. iShares MBS ETF accounts for about 1.4% of Kepos Capital LP’s holdings, making the stock its 10th largest position. Kepos Capital LP’s holdings in iShares MBS ETF were worth $1,439,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in iShares MBS ETF by 18.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock worth $3,321,229,000 after acquiring an additional 5,521,374 shares during the last quarter. Proficio Capital Partners LLC increased its stake in iShares MBS ETF by 9,869.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock worth $504,100,000 after acquiring an additional 5,443,314 shares during the last quarter. Essential Planning LLC. increased its stake in iShares MBS ETF by 6,413.4% in the 4th quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock worth $308,457,000 after acquiring an additional 3,260,687 shares during the last quarter. Fisher Asset Management LLC increased its stake in iShares MBS ETF by 7.9% in the 4th quarter. Fisher Asset Management LLC now owns 19,701,940 shares of the company’s stock worth $1,806,274,000 after acquiring an additional 1,436,342 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares MBS ETF in the 4th quarter worth about $115,371,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $93.61 on Friday. The stock’s 50-day simple moving average is $92.46 and its two-hundred day simple moving average is $93.23. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 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).