RHS Financial LLC Boosts Stock Position in iShares MBS ETF (NASDAQ:MBB)

RHS Financial LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 18.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,492 shares of the company’s stock after acquiring an additional 3,259 shares during the quarter. RHS Financial LLC’s holdings in iShares MBS ETF were worth $1,879,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hobbs Group Advisors LLC grew its stake in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF during the 3rd quarter valued at $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF in the 3rd quarter worth $33,000. MeadowBrook Investment Advisors LLC grew its position 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 worth $36,000 after buying an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its stake in shares of iShares MBS ETF by 254.2% during the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.19 on Friday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business has a 50-day moving average price of $92.15 and a 200 day moving average price of $93.56.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).