iShares MBS ETF $MBB Stock: Knights of Columbus Asset Advisors LLC Grows Holdings

Knights of Columbus Asset Advisors LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 98.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 124,921 shares of the company’s stock after buying an additional 61,972 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in iShares MBS ETF were worth $11,195,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Montgomery Financial Services LLC purchased a new stake in iShares MBS ETF during the second quarter valued at about $27,000. Field & Main Bank acquired a new stake in iShares MBS ETF during the second quarter worth about $30,000. Bear Mountain Capital Inc. acquired a new stake in iShares MBS ETF during the third quarter worth about $32,000. Beaird Harris Wealth Management LLC purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth about $34,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF in the 3rd quarter worth about $36,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.23 on Wednesday. iShares MBS ETF has a 12 month low of $88.58 and a 12 month high of $96.96. The stock’s 50-day moving average is $90.98 and its 200-day moving average is $93.66.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.3471 per share. This represents a $4.17 dividend on an annualized basis and a yield of 4.6%. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date of this dividend was Monday, November 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).