Sei Investments Co. Increases Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Sei Investments Co. raised its stake in iShares MBS ETF (NASDAQ:MBB) by 7.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,057,175 shares of the company’s stock after purchasing an additional 147,930 shares during the quarter. Sei Investments Co. owned 0.52% of iShares MBS ETF worth $188,613,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MBB. Hobbs Group Advisors LLC boosted its stake in shares of iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $36,000. Key Financial Inc boosted its stake in shares of iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management purchased a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $58,000. Finally, CENTRAL TRUST Co boosted its stake in shares of iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after buying an additional 189 shares in the last quarter. 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 $93.55 on Friday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The stock’s 50 day moving average price is $92.53 and its 200 day moving average price is $93.22.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).