Trek Financial LLC Has $10.05 Million Position in iShares MBS ETF (NASDAQ:MBB)

Trek Financial LLC trimmed its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 22.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,620 shares of the company’s stock after selling 31,036 shares during the period. Trek Financial LLC’s holdings in iShares MBS ETF were worth $10,050,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MBB. Hobbs Group Advisors LLC raised its holdings in 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 acquiring an additional 149 shares in the last quarter. Truvestments Capital LLC bought a new stake in shares of iShares MBS ETF during the 4th quarter worth approximately $36,000. Key Financial Inc boosted its holdings in shares of iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares during the last quarter. Activest Wealth Management bought a new position in shares of iShares MBS ETF in the fourth quarter valued at $58,000. Finally, CENTRAL TRUST Co raised its position in iShares MBS ETF by 41.4% during the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after acquiring an additional 189 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.0 %

Shares of MBB stock opened at $94.18 on Friday. The company has a fifty day moving average price of $92.96 and a two-hundred day moving average price of $93.01. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a dividend of $0.3309 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from iShares MBS ETF’s previous dividend of $0.32.

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).