Trust Point Inc. Acquires 6,113 Shares of iShares MBS ETF (NASDAQ:MBB)

Trust Point Inc. raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 263.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,436 shares of the company’s stock after purchasing an additional 6,113 shares during the period. Trust Point Inc.’s holdings in iShares MBS ETF were worth $773,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MBB. Ignite Planners LLC raised its stake in iShares MBS ETF by 4.9% during the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after buying an additional 115 shares during the last quarter. Strategic Blueprint LLC grew its holdings in shares of iShares MBS ETF by 0.6% in the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after acquiring an additional 116 shares during the period. Cypress Wealth Services LLC increased its position in iShares MBS ETF by 0.3% during the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after acquiring an additional 120 shares during the last quarter. Savvy Advisors Inc. lifted its holdings in iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after acquiring an additional 121 shares during the period. Finally, Delos Wealth Advisors LLC boosted its position in iShares MBS ETF by 4.3% in the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after purchasing an additional 121 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2 %

NASDAQ MBB opened at $91.97 on Wednesday. The company has a 50-day moving average price of $92.11 and a 200-day moving average price of $93.55. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a $0.3414 dividend. The ex-dividend date is Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

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).