Money Design Co. Ltd. Has $121.60 Million Stake in iShares MBS ETF (NASDAQ:MBB)

Money Design Co. Ltd. grew its position in iShares MBS ETF (NASDAQ:MBB) by 4.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,325,199 shares of the company’s stock after buying an additional 61,539 shares during the period. iShares MBS ETF accounts for about 6.2% of Money Design Co. Ltd.’s portfolio, making the stock its 5th largest position. Money Design Co. Ltd.’s holdings in iShares MBS ETF were worth $121,600,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hobbs Group Advisors LLC grew its stake in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the 3rd quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC raised its holdings in shares of iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its stake in shares of iShares MBS ETF by 254.2% during the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after buying an additional 333 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $92.17 on Wednesday. The stock’s fifty day moving average price is $92.16 and its 200 day moving average price is $93.59. 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 company also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

iShares MBS ETF 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).