5,535 Shares in iShares MBS ETF $MBB Purchased by Hyundai Investments Co. Ltd.

Hyundai Investments Co. Ltd. purchased a new position in iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,535 shares of the company’s stock, valued at approximately $528,000. iShares MBS ETF accounts for about 0.5% of Hyundai Investments Co. Ltd.’s investment portfolio, making the stock its 29th biggest holding.

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

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.52 on Tuesday. iShares MBS ETF has a 52 week low of $92.38 and a 52 week high of $96.96. The firm has a 50 day moving average of $94.56 and a two-hundred day moving average of $95.14.

iShares MBS ETF Cuts Dividend

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

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).