iShares MBS ETF (NASDAQ:MBB) Shares Acquired by Leavell Investment Management Inc.

Leavell Investment Management Inc. lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 45.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 164,280 shares of the company’s stock after buying an additional 51,395 shares during the quarter. iShares MBS ETF makes up approximately 0.7% of Leavell Investment Management Inc.’s portfolio, making the stock its 29th biggest position. Leavell Investment Management Inc.’s holdings in iShares MBS ETF were worth $15,061,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in MBB. Alpha Financial Partners LLC acquired a new position in shares of iShares MBS ETF during the third quarter worth about $2,960,000. Exchange Traded Concepts LLC acquired a new position in iShares MBS ETF in the third quarter valued at approximately $519,000. Empirical Asset Management LLC boosted its holdings in iShares MBS ETF by 9.6% in the third quarter. Empirical Asset Management LLC now owns 3,954 shares of the company’s stock valued at $379,000 after purchasing an additional 345 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in iShares MBS ETF in the third quarter valued at approximately $238,000. Finally, Watershed Private Wealth LLC boosted its holdings in iShares MBS ETF by 5.6% in the third quarter. Watershed Private Wealth LLC now owns 24,062 shares of the company’s stock valued at $2,305,000 after purchasing an additional 1,277 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.3 %

Shares of MBB opened at $91.95 on Wednesday. The stock has a 50 day moving average price of $91.98 and a 200 day moving average price of $93.54. 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 company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.3414 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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).