Hyundai Investments Co. Ltd. Buys Shares of 16,705 iShares MBS ETF $MBB

Hyundai Investments Co. Ltd. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 16,705 shares of the company’s stock, valued at approximately $900,000. iShares MBS ETF makes up 1.0% of Hyundai Investments Co. Ltd.’s investment portfolio, making the stock its 4th biggest holding.

Several other hedge funds have also recently modified their holdings of the business. Global Financial Private Client LLC boosted its stake in shares of iShares MBS ETF by 3.8% during the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock valued at $279,000 after purchasing an additional 108 shares in the last quarter. RFG Advisory LLC increased its holdings in iShares MBS ETF by 3.0% during the fourth quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after buying an additional 116 shares during the period. Alteri Wealth LLC raised its stake in iShares MBS ETF by 0.6% in the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after buying an additional 118 shares in the last quarter. Merkkuri Wealth Advisors LLC raised its stake in iShares MBS ETF by 1.2% in the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after buying an additional 120 shares in the last quarter. Finally, Signature Equity Partners LLC lifted its holdings in iShares MBS ETF by 27.4% during the first quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after buying an additional 121 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $92.71 on Monday. The business has a fifty day moving average of $93.41 and a two-hundred day moving average of $94.36. iShares MBS ETF has a twelve month low of $92.28 and a twelve month high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a dividend of $0.3388 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Tuesday, September 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).