Yoffe Investment Management LLC Invests $391,000 in iShares MBS ETF (NASDAQ:MBB)

Yoffe Investment Management LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,269 shares of the company’s stock, valued at approximately $391,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Orleans Capital Management Corp LA acquired a new position in iShares MBS ETF during the 4th quarter worth approximately $220,000. Arete Wealth Advisors LLC grew its holdings in iShares MBS ETF by 32.8% during the fourth quarter. Arete Wealth Advisors LLC now owns 13,980 shares of the company’s stock worth $1,282,000 after acquiring an additional 3,453 shares during the period. Disciplined Investors L.L.C. purchased a new position in iShares MBS ETF in the fourth quarter worth $225,000. OneAscent Financial Services LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at $898,000. Finally, Huntington National Bank boosted its position in shares of iShares MBS ETF by 3.1% during the 4th quarter. Huntington National Bank now owns 154,187 shares of the company’s stock worth $14,136,000 after purchasing an additional 4,708 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.7 %

Shares of MBB opened at $94.22 on Friday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The company has a 50-day simple moving average of $92.91 and a 200-day simple moving average of $93.06.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.3309 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.32. The ex-dividend date is Tuesday, April 1st.

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).