Proffitt & Goodson Inc. Has $4.13 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Proffitt & Goodson Inc. increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 12.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,094 shares of the company’s stock after acquiring an additional 5,014 shares during the quarter. iShares MBS ETF comprises about 0.7% of Proffitt & Goodson Inc.’s investment portfolio, making the stock its 24th largest holding. Proffitt & Goodson Inc.’s holdings in iShares MBS ETF were worth $4,134,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Hobbs Group Advisors LLC lifted its position in shares of iShares MBS ETF by 115.5% during 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. MeadowBrook Investment Advisors LLC lifted its position in iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the period. Key Financial Inc grew its stake in iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management bought a new position in iShares MBS ETF in the 4th quarter valued at about $58,000. Finally, CENTRAL TRUST Co lifted its holdings in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after acquiring an additional 189 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $94.08 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company’s 50 day simple moving average is $91.92 and its 200 day simple moving average is $93.40.

iShares MBS ETF Increases Dividend

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

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).