Acropolis Investment Management LLC Raises Holdings in iShares MBS ETF (NASDAQ:MBB)

Acropolis Investment Management LLC lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 9.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,113 shares of the company’s stock after acquiring an additional 839 shares during the quarter. Acropolis Investment Management LLC’s holdings in iShares MBS ETF were worth $927,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Hobbs Group Advisors LLC lifted its holdings in iShares MBS ETF by 115.5% during 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 bought a new position in shares of iShares MBS ETF in the 3rd quarter worth $30,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF in the 3rd quarter worth $33,000. MeadowBrook Investment Advisors LLC lifted its stake in shares of 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 during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its position in iShares MBS ETF by 254.2% during the third 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 in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

MBB opened at $90.46 on Wednesday. The business’s 50-day moving average is $92.30 and its two-hundred day moving average is $93.60. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given 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).