iShares MBS ETF $MBB Stock Acquired by Moneco Advisors LLC

Moneco Advisors LLC increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 160.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,975 shares of the company’s stock after buying an additional 7,995 shares during the period. Moneco Advisors LLC’s holdings in iShares MBS ETF were worth $1,163,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Signature Equity Partners LLC increased its position in iShares MBS ETF by 27.4% in the 1st quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock valued at $53,000 after acquiring an additional 121 shares in the last quarter. Sunesis Advisors LLC lifted its position in shares of iShares MBS ETF by 0.4% during the third quarter. Sunesis Advisors LLC now owns 34,444 shares of the company’s stock worth $3,087,000 after purchasing an additional 130 shares in the last quarter. Squarepoint Ops LLC lifted its position in shares of iShares MBS ETF by 5.1% during 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 in the last quarter. TrueWealth Advisors LLC grew its stake in shares of iShares MBS ETF by 6.0% during the second quarter. TrueWealth Advisors LLC now owns 2,528 shares of the company’s stock valued at $239,000 after purchasing an additional 143 shares during the last quarter. Finally, Lynx Investment Advisory grew its stake in shares of iShares MBS ETF by 4.3% during the third quarter. Lynx Investment Advisory now owns 3,497 shares of the company’s stock valued at $313,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $91.11 on Thursday. The firm has a 50 day simple moving average of $90.95 and a 200 day simple moving average of $93.63. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.3471 per share. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $4.17 annualized dividend and a yield of 4.6%. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662.

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). 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).