Koshinski Asset Management Inc. Buys 746 Shares of iShares MBS ETF (NASDAQ:MBB)

Koshinski Asset Management Inc. increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 9.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,378 shares of the company’s stock after acquiring an additional 746 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares MBS ETF were worth $768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MBB. Hobbs Group Advisors LLC grew its position in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF in the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. purchased a new stake in iShares MBS ETF in the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC lifted its holdings in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the period. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after buying an additional 333 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.2 %

NASDAQ MBB opened at $91.77 on Thursday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The stock has a 50 day simple moving average of $92.20 and a two-hundred day simple moving average of $93.60.

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 issued a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).