Key Financial Inc Purchases 422 Shares of iShares MBS ETF (NASDAQ:MBB)

Key Financial Inc grew its position in iShares MBS ETF (NASDAQ:MBB) by 4,220.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 432 shares of the company’s stock after purchasing an additional 422 shares during the quarter. Key Financial Inc’s holdings in iShares MBS ETF were worth $40,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of MBB. Alpha Financial Partners LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $2,960,000. Raymond James & Associates boosted its stake in shares of iShares MBS ETF by 9.1% in the 3rd quarter. Raymond James & Associates now owns 688,947 shares of the company’s stock valued at $66,008,000 after purchasing an additional 57,634 shares during the last quarter. Godsey & Gibb Inc. bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $33,000. Trilogy Capital Inc. lifted its position in shares of iShares MBS ETF by 3.4% during the 3rd quarter. Trilogy Capital Inc. now owns 17,196 shares of the company’s stock valued at $1,648,000 after acquiring an additional 566 shares during the period. Finally, Horst & Graben Wealth Management LLC lifted its position in shares of iShares MBS ETF by 1.8% during the 3rd quarter. Horst & Graben Wealth Management LLC now owns 226,830 shares of the company’s stock valued at $21,733,000 after acquiring an additional 4,102 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.5 %

iShares MBS ETF stock opened at $91.99 on Wednesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The firm’s fifty day moving average is $91.82 and its 200 day moving average is $93.49.

iShares MBS ETF Increases Dividend

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

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).