Hoxton Planning & Management LLC Increases Stock Position in iShares MBS ETF (NASDAQ:MBB)

Hoxton Planning & Management LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 7.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,004 shares of the company’s stock after purchasing an additional 1,801 shares during the quarter. iShares MBS ETF accounts for about 1.2% of Hoxton Planning & Management LLC’s holdings, making the stock its 15th biggest position. Hoxton Planning & Management LLC’s holdings in iShares MBS ETF were worth $2,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Columbus Macro LLC raised its holdings in iShares MBS ETF by 1.8% in the 1st quarter. Columbus Macro LLC now owns 39,765 shares of the company’s stock valued at $3,675,000 after acquiring an additional 703 shares during the last quarter. Fermata Advisors LLC purchased a new stake in shares of iShares MBS ETF during the 1st quarter valued at $404,000. West Coast Financial LLC grew its stake in shares of iShares MBS ETF by 18.7% during the 1st quarter. West Coast Financial LLC now owns 235,767 shares of the company’s stock valued at $21,790,000 after buying an additional 37,179 shares during the period. Austin Private Wealth LLC grew its stake in shares of iShares MBS ETF by 13.3% during the 1st quarter. Austin Private Wealth LLC now owns 142,127 shares of the company’s stock valued at $13,009,000 after buying an additional 16,709 shares during the period. Finally, Global Assets Advisory LLC purchased a new stake in shares of iShares MBS ETF during the 1st quarter valued at $46,499,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Down 0.5 %

Shares of NASDAQ MBB traded down $0.44 during trading on Wednesday, hitting $92.07. 495,764 shares of the company traded hands, compared to its average volume of 2,436,708. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $94.55. The company has a 50-day moving average price of $91.11 and a 200-day moving average price of $91.98.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a $0.3002 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.60 dividend on an annualized basis and a yield of 3.91%.

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).