Independence Bank of Kentucky Buys 1,387 Shares of iShares MBS ETF (NASDAQ:MBB)

Independence Bank of Kentucky boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 233.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,980 shares of the company’s stock after acquiring an additional 1,387 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares MBS ETF were worth $182,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also added to or reduced their stakes in MBB. JPMorgan Chase & Co. raised its stake in iShares MBS ETF by 18.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after purchasing an additional 5,521,374 shares during the period. Fisher Asset Management LLC raised its position in shares of iShares MBS ETF by 8.3% during the third quarter. Fisher Asset Management LLC now owns 18,265,598 shares of the company’s stock valued at $1,750,027,000 after buying an additional 1,404,263 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares MBS ETF by 6.3% in the third quarter. LPL Financial LLC now owns 19,189,697 shares of the company’s stock worth $1,838,565,000 after buying an additional 1,138,182 shares in the last quarter. Hilton Capital Management LLC bought a new position in shares of iShares MBS ETF during the third quarter worth $88,586,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in iShares MBS ETF by 696.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 804,598 shares of the company’s stock valued at $77,089,000 after acquiring an additional 703,598 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $92.19 on Monday. The firm has a 50-day simple moving average of $92.14 and a two-hundred day simple moving average of $93.56. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

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

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).