GTS Financial LLC Makes New Investment in iShares MBS ETF $MBB

GTS Financial LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 35,156 shares of the company’s stock, valued at approximately $3,297,000. iShares MBS ETF comprises about 2.4% of GTS Financial LLC’s investment portfolio, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in MBB. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares MBS ETF in the 1st quarter worth about $138,835,000. Bank of Montreal Can increased its stake in shares of iShares MBS ETF by 102.6% during the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after acquiring an additional 1,460,545 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares MBS ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after acquiring an additional 1,104,895 shares during the last quarter. Renaissancere Holdings Ltd. increased its stake in shares of iShares MBS ETF by 34.9% during the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after acquiring an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in shares of iShares MBS ETF by 1,599.6% during the 4th quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock worth $81,050,000 after acquiring an additional 801,103 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $93.29 on Friday. iShares MBS ETF has a 1 year low of $92.82 and a 1 year high of $96.96. The company’s 50 day simple moving average is $94.04 and its 200 day simple moving average is $94.83.

iShares MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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).