Theory Financial LLC Has $11.40 Million Holdings in iShares MBS ETF $MBB

Theory Financial LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 118,779 shares of the company’s stock after buying an additional 6,730 shares during the quarter. iShares MBS ETF accounts for about 4.0% of Theory Financial LLC’s investment portfolio, making the stock its 4th biggest position. Theory Financial LLC’s holdings in iShares MBS ETF were worth $11,398,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MBB. Delos Wealth Advisors LLC bought a new position in iShares MBS ETF during the 2nd quarter worth about $26,000. LRI Investments LLC purchased a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $30,000. Tsfg LLC boosted its stake in shares of iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in iShares MBS ETF by 317.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after buying an additional 295 shares during the period. Finally, Evolution Wealth Management Inc. bought a new position in iShares MBS ETF in the second quarter worth approximately $39,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $95.57 on Friday. The business has a fifty day moving average of $95.35 and a two-hundred day moving average of $94.74. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.25.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.334 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). 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).