Headlands Technologies LLC Makes New $31,000 Investment in iShares MBS ETF (NASDAQ:MBB)

Headlands Technologies LLC bought a new position in iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, HoldingsChannel reports. The firm bought 328 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds also recently bought and sold shares of the company. Tompkins Financial Corp raised its holdings in shares of iShares MBS ETF by 51.7% during the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock worth $30,000 after acquiring an additional 109 shares during the period. Curat Global LLC acquired a new stake in shares of iShares MBS ETF during the first quarter worth $30,000. IMG Wealth Management Inc. acquired a new stake in shares of iShares MBS ETF during the first quarter worth $30,000. MorganRosel Wealth Management LLC acquired a new stake in shares of iShares MBS ETF during the first quarter worth $38,000. Finally, Quest 10 Wealth Builders Inc. raised its holdings in shares of iShares MBS ETF by 68.7% during the first quarter. Quest 10 Wealth Builders Inc. now owns 442 shares of the company’s stock worth $41,000 after acquiring an additional 180 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.94 on Thursday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.76. The company’s fifty day simple moving average is $93.09 and its 200 day simple moving average is $92.85.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were issued a dividend of $0.3319 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, August 1st.

iShares MBS ETF Company 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).