Hilltop Holdings Inc. Has $18.67 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Hilltop Holdings Inc. increased its position in iShares MBS ETF (NASDAQ:MBB) by 46.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 194,818 shares of the company’s stock after buying an additional 61,823 shares during the period. iShares MBS ETF accounts for 1.2% of Hilltop Holdings Inc.’s portfolio, making the stock its 8th largest holding. Hilltop Holdings Inc.’s holdings in iShares MBS ETF were worth $18,665,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Comerica Bank lifted its stake in shares of iShares MBS ETF by 27.0% in the first quarter. Comerica Bank now owns 61,807 shares of the company’s stock valued at $5,712,000 after buying an additional 13,138 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares MBS ETF in the 2nd quarter valued at $61,000. Lynx Investment Advisory acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at $140,000. Northwest Capital Management Inc lifted its holdings in shares of iShares MBS ETF by 37.3% during the 2nd quarter. Northwest Capital Management Inc now owns 57,202 shares of the company’s stock worth $5,252,000 after acquiring an additional 15,534 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its position in shares of iShares MBS ETF by 16.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 3,972 shares of the company’s stock valued at $365,000 after acquiring an additional 558 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.93 on Monday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm has a 50-day moving average price of $93.72 and a 200 day moving average price of $93.52.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.3099 dividend. The ex-dividend date was Friday, November 1st.

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).