Compass Financial Group Inc. Ohio Buys New Shares in iShares MBS ETF $MBB

Compass Financial Group Inc. Ohio acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, HoldingsChannel reports. The firm acquired 23,877 shares of the company’s stock, valued at approximately $2,274,000. iShares MBS ETF accounts for approximately 1.7% of Compass Financial Group Inc. Ohio’s portfolio, making the stock its 19th biggest position.

Several other hedge funds have also recently bought and sold shares of MBB. Brighton Jones LLC bought a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $273,000. AQR Capital Management LLC boosted its position in iShares MBS ETF by 11.4% in the first quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after buying an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. grew its stake 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 worth $35,521,000 after buying an additional 43,527 shares during the last quarter. Invesco Ltd. increased its holdings in shares of iShares MBS ETF by 2.5% during the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after buying an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares MBS ETF during the second quarter worth $240,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $94.48 on Friday. iShares MBS ETF has a twelve month low of $92.40 and a twelve month high of $96.96. The business’s fifty day moving average is $94.52 and its 200 day moving average is $95.11.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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). 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).