Gotham Asset Management LLC Takes $713,000 Position in iShares MBS ETF (NASDAQ:MBB)

Gotham Asset Management LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 7,782 shares of the company’s stock, valued at approximately $713,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fiduciary Trust Co increased its stake in shares of iShares MBS ETF by 1.4% in the fourth quarter. Fiduciary Trust Co now owns 10,851 shares of the company’s stock worth $995,000 after buying an additional 150 shares during the last quarter. WMG Financial Advisors LLC grew its holdings in iShares MBS ETF by 4.3% during the 4th quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock worth $338,000 after acquiring an additional 152 shares in the last quarter. Latitude Advisors LLC increased its position in shares of iShares MBS ETF by 2.4% in the 4th quarter. Latitude Advisors LLC now owns 6,899 shares of the company’s stock worth $632,000 after purchasing an additional 164 shares during the last quarter. CENTRAL TRUST Co raised its stake in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after purchasing an additional 189 shares in the last quarter. Finally, Cibc World Markets Corp lifted its position in shares of iShares MBS ETF by 5.4% during the fourth quarter. Cibc World Markets Corp now owns 3,918 shares of the company’s stock worth $359,000 after purchasing an additional 199 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $92.37 on Monday. The business has a 50-day moving average price of $92.92 and a 200 day moving average price of $92.57. iShares MBS ETF has a fifty-two week low of $90.03 and a fifty-two week high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a dividend of $0.3255 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.31. This represents a $3.91 annualized dividend and a dividend yield of 4.23%. The ex-dividend date was Thursday, May 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).