GTS Financial LLC Invests $3.30 Million in iShares MBS ETF $MBB

GTS Financial LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 35,156 shares of the company’s stock, valued at approximately $3,297,000. iShares MBS ETF makes up approximately 2.4% of GTS Financial LLC’s investment portfolio, making the stock its 14th largest holding.

Other institutional investors have also modified their holdings of the company. ESL Trust Services LLC acquired a new stake in iShares MBS ETF during the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. purchased a new position in iShares MBS ETF in the first quarter valued at approximately $28,000. First Community Trust NA acquired a new position in iShares MBS ETF during the first quarter valued at approximately $32,000. Nemes Rush Group LLC lifted its position in iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares in the last quarter. Finally, Wealth Watch Advisors INC purchased a new stake in iShares MBS ETF during the third quarter worth approximately $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $93.29 on Friday. iShares MBS ETF has a 52-week low of $92.82 and a 52-week high of $96.96. The firm has a fifty day moving average of $94.04 and a 200-day moving average of $94.83.

iShares MBS ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, 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). 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).