Kelly Financial Services LLC Acquires 8,120 Shares of iShares MBS ETF (NASDAQ:MBB)

Kelly Financial Services LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 7.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 112,249 shares of the company’s stock after buying an additional 8,120 shares during the period. iShares MBS ETF makes up about 3.1% of Kelly Financial Services LLC’s investment portfolio, making the stock its 8th largest holding. Kelly Financial Services LLC’s holdings in iShares MBS ETF were worth $10,292,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of MBB. Hobbs Group Advisors LLC boosted its holdings in shares of iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF in the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. purchased a new position in iShares MBS ETF during the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC grew its position in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its stake in iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock opened at $91.59 on Friday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The business has a fifty day simple moving average of $92.23 and a 200-day simple moving average of $93.59.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

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).