Graypoint LLC Acquires 630 Shares of iShares MBS ETF (NASDAQ:MBB)

Graypoint LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,245 shares of the company’s stock after acquiring an additional 630 shares during the quarter. Graypoint LLC’s holdings in iShares MBS ETF were worth $4,240,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. HBW Advisory Services LLC lifted its position in iShares MBS ETF by 25.6% during the fourth quarter. HBW Advisory Services LLC now owns 2,976 shares of the company’s stock valued at $273,000 after purchasing an additional 606 shares during the last quarter. ST Germain D J Co. Inc. lifted its holdings in shares of iShares MBS ETF by 2.0% during the 4th quarter. ST Germain D J Co. Inc. now owns 307,008 shares of the company’s stock worth $28,146,000 after acquiring an additional 6,089 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in iShares MBS ETF by 0.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 153,678 shares of the company’s stock worth $14,724,000 after acquiring an additional 1,140 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares MBS ETF in the fourth quarter valued at $684,000. Finally, Range Financial Group LLC purchased a new stake in iShares MBS ETF during the fourth quarter valued at about $1,007,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB traded down $0.65 during midday trading on Friday, reaching $90.52. The stock had a trading volume of 3,459,886 shares, compared to its average volume of 2,332,231. The company’s 50-day moving average is $92.43 and its 200 day moving average is $93.62. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares MBS ETF Company 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).