Theory Financial LLC Raises Position in iShares MBS ETF (NASDAQ:MBB)

Theory Financial LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,203 shares of the company’s stock after purchasing an additional 4,843 shares during the period. iShares MBS ETF makes up about 4.0% of Theory Financial LLC’s investment portfolio, making the stock its 6th biggest position. Theory Financial LLC’s holdings in iShares MBS ETF were worth $9,462,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Hobbs Group Advisors LLC grew its position in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF in the 3rd quarter worth about $30,000. MeadowBrook Investment Advisors LLC increased its holdings in 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 during the period. Key Financial Inc increased its holdings in iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares during the period. Finally, Activest Wealth Management bought a new stake in shares of iShares MBS ETF during 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 Price Performance

MBB opened at $92.87 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The company’s 50 day moving average price is $91.75 and its two-hundred day moving average price is $93.42.

iShares MBS ETF Increases Dividend

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

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).