Fort Point Capital Partners LLC Buys 5,882 Shares of iShares MBS ETF $MBB

Fort Point Capital Partners LLC increased its stake in iShares MBS ETF (NASDAQ:MBBFree Report) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,704 shares of the company’s stock after acquiring an additional 5,882 shares during the period. Fort Point Capital Partners LLC’s holdings in iShares MBS ETF were worth $6,668,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of MBB. Brighton Jones LLC purchased a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $273,000. AQR Capital Management LLC grew its holdings in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after acquiring an additional 1,034 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares during the period. Invesco Ltd. grew its holdings in shares of iShares MBS ETF by 2.5% during the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $240,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

MBB stock opened at $94.38 on Friday. iShares MBS ETF has a fifty-two week low of $92.38 and a fifty-two week high of $96.96. The business’s 50 day moving average price is $94.56 and its two-hundred day moving average price is $95.16.

iShares MBS ETF Cuts Dividend

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

iShares MBS ETF Company Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBBFree Report).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.