Stone House Investment Management LLC Raises Position in iShares MBS ETF $MBB

Stone House Investment Management LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 6.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,190 shares of the company’s stock after buying an additional 7,850 shares during the period. iShares MBS ETF accounts for about 2.1% of Stone House Investment Management LLC’s portfolio, making the stock its 16th largest holding. Stone House Investment Management LLC’s holdings in iShares MBS ETF were worth $12,292,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MBB. First Horizon Corp acquired a new stake in iShares MBS ETF during the 3rd quarter worth $82,000. MGO One Seven LLC lifted its stake in shares of iShares MBS ETF by 20.5% in the 3rd quarter. MGO One Seven LLC now owns 22,618 shares of the company’s stock valued at $2,152,000 after purchasing an additional 3,845 shares during the last quarter. Vantage Point Financial LLC boosted its stake in iShares MBS ETF by 16.4% during the third quarter. Vantage Point Financial LLC now owns 4,310 shares of the company’s stock worth $410,000 after buying an additional 608 shares during the period. FLP Wealth Management LLC increased its holdings in iShares MBS ETF by 17.5% in the 3rd quarter. FLP Wealth Management LLC now owns 2,635 shares of the company’s stock valued at $251,000 after purchasing an additional 392 shares during the last quarter. Finally, Bristlecone Advisors LLC raised its holdings in shares of iShares MBS ETF by 26.9% in the 3rd quarter. Bristlecone Advisors LLC now owns 40,475 shares of the company’s stock valued at $3,851,000 after buying an additional 8,592 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $95.80 on Monday. iShares MBS ETF has a one year low of $90.28 and a one year high of $96.25. The firm has a 50 day simple moving average of $95.31 and a 200-day simple moving average of $94.68.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.334 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, December 19th.

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).