55I LLC Purchases 16,929 Shares of iShares MBS ETF (NASDAQ:MBB)
55I LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 207.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,091 shares of the company’s stock after buying an additional 16,929 shares during the period. iShares MBS ETF accounts for 1.2% of 55I LLC’s holdings, making the stock its 26th biggest holding. 55I LLC’s holdings in iShares MBS ETF were worth $2,711,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Patten Group Inc. increased its stake in iShares MBS ETF by 56.3% in the fourth quarter. Patten Group Inc. now owns 6,425 shares of the company’s stock valued at $694,000 after purchasing an additional 2,315 shares in the last quarter. Donaldson Capital Management LLC increased its stake in iShares MBS ETF by 80.0% in the fourth quarter. Donaldson Capital Management LLC now owns 4,175 shares of the company’s stock valued at $451,000 after purchasing an additional 1,855 shares in the last quarter. Ballast Inc. bought a new stake in iShares MBS ETF in the fourth quarter valued at $5,809,000. PFG Advisors increased its stake in iShares MBS ETF by 15.5% in the fourth quarter. PFG Advisors now owns 10,219 shares of the company’s stock valued at $1,106,000 after purchasing an additional 1,374 shares in the last quarter. Finally, Cypress Wealth Services LLC increased its stake in iShares MBS ETF by 19.7% in the fourth quarter. Cypress Wealth Services LLC now owns 28,819 shares of the company’s stock valued at $3,114,000 after purchasing an additional 4,745 shares in the last quarter.
Separately, ValuEngine upgraded shares of iShares MBS ETF from a “hold” rating to a “buy” rating in a report on Tuesday, December 24th.
The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 26th. Stockholders of record on Friday, December 20th were issued a dividend of $0.0561 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date was Thursday, December 19th.
iShares MBS ETF Company 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).
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