Florin Court Capital LLP Has $1.21 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Florin Court Capital LLP decreased its stake in iShares MBS ETF (NASDAQ:MBB) by 59.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,200 shares of the company’s stock after selling 19,700 shares during the period. iShares MBS ETF makes up 1.3% of Florin Court Capital LLP’s portfolio, making the stock its 21st largest holding. Florin Court Capital LLP’s holdings in iShares MBS ETF were worth $1,210,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hobbs Group Advisors LLC boosted its stake in iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF during the third quarter worth $30,000. MeadowBrook Investment Advisors LLC boosted its stake in iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares in the last quarter. Key Financial Inc boosted its stake in iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares in the last quarter. Finally, Activest Wealth Management acquired a new stake in iShares MBS ETF during the fourth quarter worth $58,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.3 %

MBB opened at $92.38 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The firm’s fifty day moving average price is $91.76 and its two-hundred day moving average price is $93.45.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.3414 per share. The ex-dividend date of this dividend was 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).