Vantage Point Financial LLC Acquires New Shares in iShares MBS ETF (NASDAQ:MBB)

Vantage Point Financial LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,934 shares of the company’s stock, valued at approximately $269,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC boosted its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC lifted its stake in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after acquiring an additional 333 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.4 %

Shares of NASDAQ:MBB opened at $91.80 on Tuesday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The firm’s 50-day moving average is $92.14 and its two-hundred day moving average is $93.56.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.3414 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

iShares MBS ETF 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).