New Republic Capital LLC Increases Stock Position in iShares MBS ETF (NASDAQ:MBB)

New Republic Capital LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 15.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,134 shares of the company’s stock after acquiring an additional 423 shares during the quarter. New Republic Capital LLC’s holdings in iShares MBS ETF were worth $287,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Alpha Financial Partners LLC acquired a new position in shares of iShares MBS ETF in the third quarter valued at approximately $2,960,000. Exchange Traded Concepts LLC acquired a new position in iShares MBS ETF in the 3rd quarter valued at $519,000. Sound Income Strategies LLC lifted its stake in shares of iShares MBS ETF by 63.0% in the 3rd quarter. Sound Income Strategies LLC now owns 2,184 shares of the company’s stock worth $209,000 after acquiring an additional 844 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of iShares MBS ETF in the third quarter valued at about $1,664,000. Finally, Empirical Asset Management LLC increased its stake in shares of iShares MBS ETF by 9.6% during the third quarter. Empirical Asset Management LLC now owns 3,954 shares of the company’s stock worth $379,000 after acquiring an additional 345 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $92.20 on Tuesday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company has a 50-day moving average price of $92.00 and a 200 day moving average price of $93.54.

iShares MBS ETF Increases Dividend

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

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).