Cabot Wealth Management Inc. Has $26.82 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Cabot Wealth Management Inc. boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 162.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 279,918 shares of the company’s stock after purchasing an additional 173,082 shares during the quarter. iShares MBS ETF makes up 3.4% of Cabot Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest position. Cabot Wealth Management Inc. owned about 0.08% of iShares MBS ETF worth $26,819,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. RDA Financial Network raised its holdings in shares of iShares MBS ETF by 18.6% in the 3rd quarter. RDA Financial Network now owns 14,306 shares of the company’s stock valued at $1,371,000 after acquiring an additional 2,242 shares in the last quarter. Watershed Private Wealth LLC raised its holdings in shares of iShares MBS ETF by 5.6% during the 3rd quarter. Watershed Private Wealth LLC now owns 24,062 shares of the company’s stock valued at $2,305,000 after buying an additional 1,277 shares in the last quarter. Fiduciary Alliance LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $238,000. Empirical Asset Management LLC raised its holdings in shares of iShares MBS ETF by 9.6% during the 3rd quarter. Empirical Asset Management LLC now owns 3,954 shares of the company’s stock valued at $379,000 after buying an additional 345 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $1,664,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB traded up $0.30 during trading hours on Tuesday, reaching $94.47. 2,708,038 shares of the stock traded hands, compared to its average volume of 2,296,399. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.76. The company’s 50-day simple moving average is $95.38 and its two-hundred day simple moving average is $92.94.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

iShares MBS ETF Company 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).