iShares MBS ETF (NASDAQ:MBB) Shares Bought by Naples Global Advisors LLC

Naples Global Advisors LLC lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 96.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,446 shares of the company’s stock after purchasing an additional 7,571 shares during the period. Naples Global Advisors LLC’s holdings in iShares MBS ETF were worth $1,416,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Hobbs Group Advisors LLC boosted its stake in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new position in shares of iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF in the 3rd quarter valued at about $33,000. MeadowBrook Investment Advisors LLC raised its stake in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the last quarter. Finally, Activest Wealth Management acquired a new stake in iShares MBS ETF during the 4th quarter worth approximately $58,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $92.07 on Friday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The stock’s 50 day simple moving average is $91.90 and its 200-day simple moving average is $93.51.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3414 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.29.

About iShares MBS ETF

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).