Boyd Watterson Asset Management LLC OH Reduces Stake in iShares MBS ETF (NASDAQ:MBB)

Boyd Watterson Asset Management LLC OH decreased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 4.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 53,170 shares of the company’s stock after selling 2,509 shares during the quarter. iShares MBS ETF comprises approximately 1.4% of Boyd Watterson Asset Management LLC OH’s investment portfolio, making the stock its 17th largest holding. Boyd Watterson Asset Management LLC OH’s holdings in iShares MBS ETF were worth $4,875,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC boosted its holdings in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF during the 3rd quarter worth $30,000. MeadowBrook Investment Advisors LLC lifted its position in iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the last quarter. Key Financial Inc boosted its stake in iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after acquiring an additional 422 shares in the last quarter. Finally, Activest Wealth Management purchased a new position in shares of iShares MBS ETF during the fourth quarter worth about $58,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.5 %

MBB opened at $92.87 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The business’s 50-day simple moving average is $91.75 and its 200-day simple moving average is $93.45.

iShares MBS ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3414 per share. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).