Hexagon Capital Partners LLC Increases Stock Position in iShares MBS ETF (NASDAQ:MBB)

Hexagon Capital Partners LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 98.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,751 shares of the company’s stock after purchasing an additional 5,326 shares during the quarter. Hexagon Capital Partners LLC’s holdings in iShares MBS ETF were worth $1,011,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Buttonwood Financial Group LLC raised its position in shares of iShares MBS ETF by 0.9% during the 4th quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock valued at $2,842,000 after buying an additional 269 shares in the last quarter. Delphi Financial Group Inc. raised its position in shares of iShares MBS ETF by 23.5% during the 4th quarter. Delphi Financial Group Inc. now owns 20,500 shares of the company’s stock valued at $1,929,000 after buying an additional 3,900 shares in the last quarter. Advocacy Wealth Management Services LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter valued at about $13,157,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares MBS ETF by 7.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 499,054 shares of the company’s stock valued at $44,355,000 after buying an additional 36,319 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of iShares MBS ETF by 638.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 100,683 shares of the company’s stock valued at $8,941,000 after buying an additional 87,044 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock traded down $0.48 during midday trading on Tuesday, reaching $89.54. The stock had a trading volume of 2,233,946 shares, compared to its average volume of 2,690,768. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $95.70. The company has a fifty day moving average of $91.35 and a 200 day moving average of $91.26.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date was Monday, April 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).