iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Keystone Financial Services

Keystone Financial Services raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 1.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 69,980 shares of the company’s stock after buying an additional 1,018 shares during the quarter. iShares MBS ETF makes up 2.5% of Keystone Financial Services’ investment portfolio, making the stock its 11th largest position. Keystone Financial Services’ holdings in iShares MBS ETF were worth $6,416,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Hobbs Group Advisors LLC lifted its stake in shares of 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 during the period. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC grew its holdings in shares of iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares during the period. Finally, Activest Wealth Management purchased a new position in iShares MBS ETF in the 4th quarter valued at approximately $58,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $92.43 on Monday. The firm has a 50-day moving average price of $91.84 and a two-hundred day moving average price of $93.50. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

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 paid a $0.3414 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

iShares MBS ETF 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).