Castleark Management LLC Boosts Holdings in iShares MBS ETF $MBB

Castleark Management LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 204,235 shares of the company’s stock after purchasing an additional 7,330 shares during the quarter. Castleark Management LLC’s holdings in iShares MBS ETF were worth $19,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. ESL Trust Services LLC purchased a new position in iShares MBS ETF in the 4th quarter worth about $28,000. Nemes Rush Group LLC grew its stake in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after purchasing an additional 206 shares during the period. Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at about $35,000. Wealth Watch Advisors INC bought a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $35,000. Finally, Key Financial Inc grew its stake in shares of iShares MBS ETF by 96.9% during the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 187 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.38 on Friday. The business has a 50-day simple moving average of $94.56 and a two-hundred day simple moving average of $95.16. iShares MBS ETF has a 52-week low of $92.38 and a 52-week high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.3334 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).