JB Capital LLC Acquires 36,127 Shares of iShares MBS ETF (NASDAQ:MBB)

JB Capital LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 371,962 shares of the company’s stock after buying an additional 36,127 shares during the period. iShares MBS ETF accounts for 1.9% of JB Capital LLC’s portfolio, making the stock its 12th biggest holding. JB Capital LLC’s holdings in iShares MBS ETF were worth $34,101,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in MBB. Hobbs Group Advisors LLC lifted its holdings in iShares MBS ETF by 115.5% in 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 in the last quarter. St. Johns Investment Management Company LLC purchased a new position in shares of iShares MBS ETF in the third quarter worth $30,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF during the third quarter worth $33,000. MeadowBrook Investment Advisors LLC grew 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 valued at $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its holdings in iShares MBS ETF by 254.2% in 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 last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $92.19 on Monday. The business 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 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).