Ifrah Financial Services Inc. Decreases Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Ifrah Financial Services Inc. trimmed its position in iShares MBS ETF (NASDAQ:MBB) by 11.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,070 shares of the company’s stock after selling 390 shares during the period. Ifrah Financial Services Inc.’s holdings in iShares MBS ETF were worth $281,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Exchange Traded Concepts LLC purchased a new position in shares of iShares MBS ETF in the third quarter worth $519,000. Principal Financial Group Inc. purchased a new position in iShares MBS ETF during the 3rd quarter valued at $289,000. Kestra Investment Management LLC increased its position in iShares MBS ETF by 265.9% during the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after purchasing an additional 181,210 shares during the period. Fifth Third Bancorp increased its position in iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after purchasing an additional 1,195 shares during the period. Finally, Cerity Partners LLC increased its position in iShares MBS ETF by 0.5% during the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after purchasing an additional 206 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $92.43 on Monday. The company’s fifty day simple moving average is $91.84 and its two-hundred day simple moving average is $93.50. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently disclosed 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 an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).