Legacy Financial Group LLC Has $5.99 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Legacy Financial Group LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,356 shares of the company’s stock after acquiring an additional 7,009 shares during the quarter. iShares MBS ETF accounts for 0.0% of Legacy Financial Group LLC’s holdings, making the stock its 26th biggest position. Legacy Financial Group LLC’s holdings in iShares MBS ETF were worth $5,992,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Hobbs Group Advisors LLC raised its stake in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the period. St. Johns Investment Management Company LLC bought a new stake in iShares MBS ETF in the 3rd quarter valued at $30,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF in the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC raised its stake in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the period. Finally, Massmutual Trust Co. FSB ADV raised its stake in iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after acquiring an additional 333 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

MBB stock opened at $91.65 on Monday. The business’s fifty day moving average price is $92.16 and its two-hundred day moving average price is $93.58. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).