JB Capital LLC Acquires 10,181 Shares of iShares MBS ETF $MBB

JB Capital LLC raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 318,485 shares of the company’s stock after buying an additional 10,181 shares during the quarter. iShares MBS ETF comprises approximately 1.2% of JB Capital LLC’s holdings, making the stock its 18th largest position. JB Capital LLC owned about 0.08% of iShares MBS ETF worth $30,326,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MBB. Brighton Jones LLC bought a new stake in iShares MBS ETF in the 4th quarter valued at $273,000. AQR Capital Management LLC grew its position in shares of iShares MBS ETF by 11.4% during the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after purchasing an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of iShares MBS ETF by 13.0% during the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after purchasing an additional 43,527 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of iShares MBS ETF by 17.1% in the second quarter. Hsbc Holdings PLC now owns 14,462 shares of the company’s stock worth $1,358,000 after purchasing an additional 2,108 shares during the last quarter. Finally, Edgestream Partners L.P. bought a new stake in shares of iShares MBS ETF in the second quarter worth about $834,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $94.86 on Friday. The business’s 50-day moving average is $95.53 and its 200 day moving average is $95.43. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.3329 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).