Hilltop Holdings Inc. Sells 75,523 Shares of iShares MBS ETF $MBB

Hilltop Holdings Inc. lowered its stake in iShares MBS ETF (NASDAQ:MBB) by 40.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,730 shares of the company’s stock after selling 75,523 shares during the period. iShares MBS ETF accounts for 0.9% of Hilltop Holdings Inc.’s holdings, making the stock its 17th largest holding. Hilltop Holdings Inc.’s holdings in iShares MBS ETF were worth $10,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the stock. Compound Planning Inc. grew its position in iShares MBS ETF by 22.5% during the 1st quarter. Compound Planning Inc. now owns 25,033 shares of the company’s stock worth $2,377,000 after acquiring an additional 4,605 shares during the last quarter. Modern Wealth Management LLC increased its holdings in iShares MBS ETF by 26.7% in the 1st quarter. Modern Wealth Management LLC now owns 185,341 shares of the company’s stock worth $17,546,000 after purchasing an additional 39,034 shares in the last quarter. Keebeck Wealth Management raised its position in iShares MBS ETF by 340.6% in the first quarter. Keebeck Wealth Management now owns 73,320 shares of the company’s stock valued at $6,962,000 after purchasing an additional 56,679 shares during the last quarter. Orleans Capital Management Corp LA bought a new position in iShares MBS ETF in the first quarter valued at about $251,000. Finally, Sei Investments Co. raised its position in iShares MBS ETF by 5.2% in the first quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock valued at $208,335,000 after purchasing an additional 108,361 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $93.11 on Friday. The business’s 50-day moving average price is $94.05 and its 200-day moving average price is $94.89. iShares MBS ETF has a 12 month low of $92.43 and a 12 month high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.3373 dividend. The ex-dividend date was Wednesday, July 1st.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).