High Falls Advisors Inc lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 7.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,244 shares of the company’s stock after buying an additional 2,054 shares during the period. iShares MBS ETF makes up about 1.0% of High Falls Advisors Inc’s investment portfolio, making the stock its 18th largest holding. High Falls Advisors Inc’s holdings in iShares MBS ETF were worth $2,942,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. NorthCoast Asset Management LLC acquired a new position in shares of iShares MBS ETF during the second quarter worth approximately $10,043,000. Hilltop Holdings Inc. boosted its position in shares of iShares MBS ETF by 390.8% during the second quarter. Hilltop Holdings Inc. now owns 94,914 shares of the company’s stock worth $9,888,000 after buying an additional 75,575 shares during the period. Flagship Harbor Advisors LLC boosted its position in shares of iShares MBS ETF by 191.4% during the second quarter. Flagship Harbor Advisors LLC now owns 5,603 shares of the company’s stock worth $583,000 after buying an additional 3,680 shares during the period. OLD Mission Capital LLC acquired a new position in shares of iShares MBS ETF during the second quarter worth approximately $885,000. Finally, Bank of America Corp DE boosted its position in shares of iShares MBS ETF by 1.4% during the second quarter. Bank of America Corp DE now owns 50,963,457 shares of the company’s stock worth $5,309,373,000 after buying an additional 725,503 shares during the period.
Shares of NASDAQ:MBB opened at $103.43 on Monday. iShares MBS ETF has a 12 month low of $102.93 and a 12 month high of $107.39.
The company also recently announced a monthly dividend, which was paid on Monday, September 10th. Investors of record on Wednesday, September 5th were issued a dividend of $0.2293 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Tuesday, September 4th. This represents a $2.75 annualized dividend and a yield of 2.66%.
About iShares MBS ETF
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).
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