Sierra Capital LLC Buys 994 Shares of iShares MBS ETF (NASDAQ:MBB)

Sierra Capital LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 3.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,337 shares of the company’s stock after purchasing an additional 994 shares during the quarter. Sierra Capital LLC’s holdings in iShares MBS ETF were worth $2,873,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. PFG Investments LLC bought a new position in iShares MBS ETF during the 3rd quarter valued at $1,139,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MBS ETF by 38.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 152,538 shares of the company’s stock valued at $14,615,000 after purchasing an additional 42,187 shares during the last quarter. GHP Investment Advisors Inc. lifted its position in shares of iShares MBS ETF by 0.9% during the third quarter. GHP Investment Advisors Inc. now owns 19,543 shares of the company’s stock valued at $1,872,000 after purchasing an additional 166 shares in the last quarter. Bristlecone Advisors LLC boosted its holdings in iShares MBS ETF by 142.1% during the third quarter. Bristlecone Advisors LLC now owns 8,321 shares of the company’s stock worth $797,000 after purchasing an additional 4,884 shares during the last quarter. Finally, Riggs Asset Managment Co. Inc. grew its position in iShares MBS ETF by 270.1% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 45,457 shares of the company’s stock worth $4,355,000 after purchasing an additional 33,173 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $92.99 on Tuesday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company’s 50 day moving average price is $91.76 and its two-hundred day moving average price is $93.41.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3414 per share. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).