Exchange Traded Concepts LLC Boosts Stock Position in iShares MBS ETF $MBB

Exchange Traded Concepts LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 688,174 shares of the company’s stock after purchasing an additional 97,591 shares during the quarter. iShares MBS ETF makes up approximately 0.5% of Exchange Traded Concepts LLC’s holdings, making the stock its 28th largest holding. Exchange Traded Concepts LLC owned about 0.17% of iShares MBS ETF worth $65,528,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Security Financial Services INC. raised its holdings in shares of iShares MBS ETF by 5.9% during the third quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after acquiring an additional 6,789 shares in the last quarter. Dynasty Wealth Management LLC lifted its stake in iShares MBS ETF by 10.8% in the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after acquiring an additional 160,926 shares during the period. Dakota Wealth Management boosted its holdings in iShares MBS ETF by 20.9% in the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after acquiring an additional 62,909 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its holdings in iShares MBS ETF by 3.4% in the third quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after acquiring an additional 23,459 shares in the last quarter. Finally, CW Advisors LLC increased its position in iShares MBS ETF by 29.5% during the 2nd quarter. CW Advisors LLC now owns 67,938 shares of the company’s stock valued at $6,379,000 after purchasing an additional 15,495 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.12 on Friday. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96. The firm has a fifty day simple moving average of $95.59 and a two-hundred day simple moving average of $95.46.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.3278 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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).