StoneX Group Inc. Acquires New Stake in iShares MBS ETF $MBB

StoneX Group Inc. acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent filing with the SEC. The firm acquired 20,191 shares of the company’s stock, valued at approximately $1,826,000.

A number of other hedge funds have also recently bought and sold shares of MBB. Signature Equity Partners LLC raised its position in shares of iShares MBS ETF by 27.4% during the first quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after acquiring an additional 121 shares during the last quarter. Sunesis Advisors LLC boosted its holdings in iShares MBS ETF by 0.4% in the third quarter. Sunesis Advisors LLC now owns 34,444 shares of the company’s stock valued at $3,087,000 after acquiring an additional 130 shares during the last quarter. Squarepoint Ops LLC increased its position in iShares MBS ETF by 5.1% in the second quarter. Squarepoint Ops LLC now owns 2,843 shares of the company’s stock worth $269,000 after purchasing an additional 139 shares during the period. TrueWealth Advisors LLC increased its position in iShares MBS ETF by 6.0% in the second quarter. TrueWealth Advisors LLC now owns 2,528 shares of the company’s stock worth $239,000 after purchasing an additional 143 shares during the period. Finally, Lynx Investment Advisory increased its position in iShares MBS ETF by 4.3% in the third quarter. Lynx Investment Advisory now owns 3,497 shares of the company’s stock worth $313,000 after purchasing an additional 145 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.07 on Monday. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96. The business has a 50-day moving average price of $91.04 and a two-hundred day moving average price of $93.69.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.3471 per share. The ex-dividend date was Monday, November 2nd. This represents a $4.17 annualized dividend and a dividend yield of 4.5%. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662.

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).