Castleark Management LLC Acquires 7,330 Shares of iShares MBS ETF $MBB

Castleark Management LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 204,235 shares of the company’s stock after buying an additional 7,330 shares during the period. Castleark Management LLC’s holdings in iShares MBS ETF were worth $19,447,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Dakota Wealth Management boosted its position in iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after purchasing an additional 62,909 shares in the last quarter. Brookstone Capital Management raised its stake in iShares MBS ETF by 3.2% in the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after buying an additional 9,547 shares during the last quarter. Argent Trust Co raised its stake in iShares MBS ETF by 233.6% in the third quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after buying an additional 6,855 shares during the last quarter. Dearborn Partners LLC purchased a new stake in iShares MBS ETF in the third quarter valued at about $539,000. Finally, Capital International Investors raised its stake in iShares MBS ETF by 161.4% in the third quarter. Capital International Investors now owns 170,644 shares of the company’s stock valued at $16,237,000 after buying an additional 105,366 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

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

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.3334 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a 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).