JB Capital LLC Boosts Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

JB Capital LLC increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 371,962 shares of the company’s stock after acquiring an additional 36,127 shares during the quarter. iShares MBS ETF makes up 1.9% of JB Capital LLC’s investment portfolio, making the stock its 12th largest position. JB Capital LLC owned approximately 0.09% of iShares MBS ETF worth $34,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Centaurus Financial Inc. grew its position in shares of iShares MBS ETF by 18.9% in the 2nd quarter. Centaurus Financial Inc. now owns 4,091 shares of the company’s stock worth $376,000 after buying an additional 650 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its position in shares of 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 purchasing an additional 333 shares during the period. Alpha Financial Partners LLC bought a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $2,960,000. Miracle Mile Advisors LLC raised its position in shares of iShares MBS ETF by 9.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 1,478,730 shares of the company’s stock worth $141,677,000 after acquiring an additional 121,655 shares in the last quarter. Finally, MKT Advisors LLC grew its position in shares of iShares MBS ETF by 14.6% in the 3rd quarter. MKT Advisors LLC now owns 7,508 shares of the company’s stock worth $718,000 after buying an additional 955 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $92.19 on Monday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The business’s 50 day moving average price is $92.14 and its 200-day moving average price is $93.56.

iShares MBS ETF Cuts Dividend

The company also recently announced 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 of this dividend 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).