Spectrum Wealth Counsel LLC Has $6.19 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Spectrum Wealth Counsel LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 67,510 shares of the company’s stock after acquiring an additional 5,778 shares during the period. Spectrum Wealth Counsel LLC’s holdings in iShares MBS ETF were worth $6,189,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Hobbs Group Advisors LLC grew its stake in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the period. MeadowBrook Investment Advisors LLC grew its position in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares during the last quarter. Key Financial Inc grew its position in iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after acquiring an additional 422 shares during the last quarter. Activest Wealth Management bought a new stake in iShares MBS ETF during the 4th quarter worth approximately $58,000. Finally, CENTRAL TRUST Co grew its position in iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after acquiring an additional 189 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $94.08 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The stock’s 50 day simple moving average is $91.92 and its 200 day simple moving average is $93.40.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.3414 dividend. This is a positive change from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).