Hexagon Capital Partners LLC Boosts Stock Position in iShares MBS ETF (NASDAQ:MBB)

Hexagon Capital Partners LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 42.0% in the 1st quarter, HoldingsChannel reports. The firm owned 15,266 shares of the company’s stock after acquiring an additional 4,515 shares during the quarter. iShares MBS ETF accounts for approximately 0.3% of Hexagon Capital Partners LLC’s investment portfolio, making the stock its 24th biggest holding. Hexagon Capital Partners LLC’s holdings in iShares MBS ETF were worth $1,411,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in iShares MBS ETF by 11.1% in the third quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock valued at $2,422,987,000 after purchasing an additional 2,719,637 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares MBS ETF by 9.5% in the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock valued at $1,182,679,000 after buying an additional 1,158,175 shares during the period. Charles Schwab Investment Advisory Inc. lifted its position in shares of iShares MBS ETF by 25.3% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock valued at $513,762,000 after buying an additional 1,102,208 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares MBS ETF by 4.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,627,529 shares of the company’s stock worth $247,198,000 after acquiring an additional 112,072 shares during the period. Finally, RWA Wealth Partners LLC increased its holdings in iShares MBS ETF by 24.6% in the 4th quarter. RWA Wealth Partners LLC now owns 2,235,560 shares of the company’s stock worth $210,322,000 after acquiring an additional 441,120 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB traded down $0.96 during trading on Monday, hitting $90.85. 4,390,985 shares of the company’s stock traded hands, compared to its average volume of 2,452,309. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $94.55. The business has a 50 day moving average of $91.24 and a 200-day moving average of $91.98.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a dividend of $0.3053 per share. The ex-dividend date of this dividend is Monday, July 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).