Captrust Financial Advisors raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 76.6% during the fourth quarter, Holdings Channel reports. The fund owned 1,792 shares of the company’s stock after purchasing an additional 777 shares during the period. Captrust Financial Advisors’ holdings in iShares MBS ETF were worth $187,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in MBB. RiverFront Investment Group LLC acquired a new stake in iShares MBS ETF in the fourth quarter worth $93,052,000. Price Capital Management Inc. acquired a new stake in iShares MBS ETF in the fourth quarter worth $53,294,000. IndexIQ Advisors LLC raised its holdings in iShares MBS ETF by 242.2% in the third quarter. IndexIQ Advisors LLC now owns 674,861 shares of the company’s stock worth $69,733,000 after purchasing an additional 477,646 shares during the period. Jane Street Group LLC acquired a new stake in iShares MBS ETF in the third quarter worth $41,161,000. Finally, California Public Employees Retirement System raised its holdings in iShares MBS ETF by 509.6% in the fourth quarter. California Public Employees Retirement System now owns 422,355 shares of the company’s stock worth $44,199,000 after purchasing an additional 353,074 shares during the period.
MBB opened at $105.54 on Friday. iShares MBS ETF has a twelve month low of $101.75 and a twelve month high of $105.59.
The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were issued a $0.2851 dividend. The ex-dividend date was Friday, March 1st. This represents a $3.42 annualized dividend and a yield of 3.24%.
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About iShares MBS ETF
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).
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