iShares MBS ETF (NASDAQ:MBB) is Hilltop Holdings Inc.’s 8th Largest Position

Hilltop Holdings Inc. lifted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 46.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 194,818 shares of the company’s stock after purchasing an additional 61,823 shares during the quarter. iShares MBS ETF comprises approximately 1.2% of Hilltop Holdings Inc.’s holdings, making the stock its 8th largest holding. Hilltop Holdings Inc. owned approximately 0.05% of iShares MBS ETF worth $18,665,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Comerica Bank lifted its holdings in iShares MBS ETF by 27.0% during the 1st quarter. Comerica Bank now owns 61,807 shares of the company’s stock worth $5,712,000 after buying an additional 13,138 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares MBS ETF in the second quarter worth $61,000. Lynx Investment Advisory acquired a new stake in shares of iShares MBS ETF during the second quarter worth $140,000. Northwest Capital Management Inc boosted its holdings in shares of iShares MBS ETF by 37.3% in the 2nd quarter. Northwest Capital Management Inc now owns 57,202 shares of the company’s stock valued at $5,252,000 after buying an additional 15,534 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares MBS ETF by 16.3% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 3,972 shares of the company’s stock valued at $365,000 after purchasing an additional 558 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 $93.93 on Monday. The business has a fifty day moving average of $93.72 and a 200-day moving average of $93.52. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3099 per share. The ex-dividend date of this dividend was Friday, November 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).