iShares MBS ETF (NASDAQ:MBB) Shares Purchased by KPP Advisory Services LLC

KPP Advisory Services LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 13.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,489 shares of the company’s stock after buying an additional 422 shares during the quarter. KPP Advisory Services LLC’s holdings in iShares MBS ETF were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV raised its stake in shares of iShares MBS ETF by 254.2% in the third 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 last quarter. Alpha Financial Partners LLC purchased a new stake in iShares MBS ETF in the third quarter valued at $2,960,000. Miracle Mile Advisors LLC raised its stake in shares of iShares MBS ETF by 9.0% during the 3rd quarter. Miracle Mile Advisors LLC now owns 1,478,730 shares of the company’s stock valued at $141,677,000 after buying an additional 121,655 shares during the last quarter. MKT Advisors LLC boosted its stake in shares of iShares MBS ETF by 14.6% in the third 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 last quarter. Finally, Ignite Planners LLC purchased a new position in iShares MBS ETF during the third quarter valued at approximately $226,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.80 on Tuesday. The stock’s 50 day simple moving average is $92.14 and its two-hundred day simple moving average is $93.56. 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 company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a $0.3414 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

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).