Hyundai Investments Co. Ltd. Invests $528,000 in iShares MBS ETF $MBB

Hyundai Investments Co. Ltd. acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 5,535 shares of the company’s stock, valued at approximately $528,000. iShares MBS ETF comprises approximately 0.5% of Hyundai Investments Co. Ltd.’s investment portfolio, making the stock its 29th largest position.

Several other institutional investors have also modified their holdings of the company. Dakota Wealth Management raised its stake in iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after acquiring an additional 62,909 shares in the last quarter. Brookstone Capital Management raised its stake in iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after acquiring an additional 9,547 shares in the last quarter. Argent Trust Co raised its stake in iShares MBS ETF by 233.6% during the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock worth $932,000 after acquiring an additional 6,855 shares in the last quarter. Capital International Investors raised its stake in iShares MBS ETF by 161.4% during the 3rd quarter. Capital International Investors now owns 170,644 shares of the company’s stock worth $16,237,000 after acquiring an additional 105,366 shares in the last quarter. Finally, Compound Planning Inc. raised its stake in iShares MBS ETF by 12.6% during the 3rd quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock worth $11,913,000 after acquiring an additional 13,979 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.52 on Tuesday. iShares MBS ETF has a one year low of $92.38 and a one year high of $96.96. The firm’s fifty day moving average is $94.56 and its two-hundred day moving average is $95.14.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 1st.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).