iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Northside Capital Management LLC

Northside Capital Management LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 0.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 216,466 shares of the company’s stock after buying an additional 1,057 shares during the period. iShares MBS ETF accounts for 5.3% of Northside Capital Management LLC’s investment portfolio, making the stock its 3rd largest holding. Northside Capital Management LLC’s holdings in iShares MBS ETF were worth $19,846,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC increased its stake in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF in the 3rd quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC raised its holdings in shares of 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 purchasing an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its position in shares of iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $91.41 on Thursday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The business’s fifty day moving average price is $92.30 and its 200 day moving average price is $93.60.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders 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.

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).