iShares MBS ETF (NASDAQ:MBB) Shares Bought by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 0.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 237,670 shares of the company’s stock after buying an additional 329 shares during the period. iShares MBS ETF accounts for about 2.0% of Galvin Gaustad & Stein LLC’s portfolio, making the stock its 16th biggest position. Galvin Gaustad & Stein LLC’s holdings in iShares MBS ETF were worth $21,790,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hobbs Group Advisors LLC increased its holdings in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF in the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF in the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC increased its holdings in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the period. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of iShares MBS ETF by 254.2% during the 3rd 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 period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.4 %

Shares of NASDAQ MBB opened at $91.51 on Thursday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The firm’s 50 day simple moving average is $92.18 and its 200-day simple moving average is $93.59.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date 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).