Fifth Third Securities Inc. Acquires 602 Shares of iShares MBS ETF (NASDAQ:MBB)

Fifth Third Securities Inc. grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,490 shares of the company’s stock after buying an additional 602 shares during the period. Fifth Third Securities Inc.’s holdings in iShares MBS ETF were worth $1,328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MBB. Hobbs Group Advisors LLC grew its position in shares of iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. 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. acquired a new position in iShares MBS ETF in the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC increased its position in iShares MBS ETF by 413.5% during the 3rd 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 period. Finally, Massmutual Trust Co. FSB ADV lifted its holdings 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 in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

MBB stock opened at $92.19 on Friday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company’s 50-day simple moving average is $92.15 and its 200 day simple moving average is $93.56.

iShares MBS ETF Cuts Dividend

The firm also recently announced 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 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).