Compass Financial Group Inc. Ohio Acquires New Stake in iShares MBS ETF $MBB

Compass Financial Group Inc. Ohio bought a new stake in iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 23,877 shares of the company’s stock, valued at approximately $2,274,000. iShares MBS ETF comprises about 1.7% of Compass Financial Group Inc. Ohio’s investment portfolio, making the stock its 19th biggest holding.

Other hedge funds also recently made changes to their positions in the company. ESL Trust Services LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at $28,000. Nemes Rush Group LLC boosted its holdings in shares of iShares MBS ETF by 132.9% in the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in iShares MBS ETF during the fourth quarter worth about $35,000. Wealth Watch Advisors INC acquired a new position in shares of iShares MBS ETF in the 3rd quarter worth $35,000. Finally, Key Financial Inc boosted its stake in iShares MBS ETF by 96.9% in the 4th quarter. Key Financial Inc now owns 380 shares of the company’s stock worth $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 Price Performance

NASDAQ MBB opened at $94.48 on Friday. iShares MBS ETF has a 1-year low of $92.40 and a 1-year high of $96.96. The firm’s fifty day simple moving average is $94.52 and its 200-day simple moving average is $95.11.

iShares MBS ETF Cuts Dividend

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