Renaissance Technologies LLC Grows Position in iShares MBS ETF $MBB

Renaissance Technologies LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 233.9% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 28,000 shares of the company’s stock after buying an additional 19,614 shares during the quarter. Renaissance Technologies LLC’s holdings in iShares MBS ETF were worth $2,659,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MBB. Legacy Edge Advisors LLC purchased a new stake in iShares MBS ETF in the fourth quarter worth approximately $1,687,000. World Investment Advisors raised its stake in iShares MBS ETF by 99.0% during the 4th quarter. World Investment Advisors now owns 112,883 shares of the company’s stock valued at $10,749,000 after buying an additional 56,162 shares during the last quarter. Intrua Financial LLC purchased a new stake in iShares MBS ETF during the 4th quarter valued at $1,604,000. J.M. Arbour LLC bought a new position in shares of iShares MBS ETF during the 4th quarter valued at $1,923,000. Finally, Quattro Financial Advisors LLC lifted its holdings in shares of iShares MBS ETF by 42.4% during the 4th quarter. Quattro Financial Advisors LLC now owns 69,903 shares of the company’s stock valued at $6,656,000 after buying an additional 20,823 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $93.27 on Monday. iShares MBS ETF has a 1 year low of $92.68 and a 1 year high of $96.96. The stock’s fifty day moving average price is $93.89 and its 200-day moving average price is $94.72.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.3413 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.34. The ex-dividend date of this dividend was Monday, August 3rd.

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).