iShares MBS ETF (NASDAQ:MBB) Stake Raised by WMG Financial Advisors LLC

WMG Financial Advisors LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 3,692 shares of the company’s stock after purchasing an additional 152 shares during the quarter. WMG Financial Advisors LLC’s holdings in iShares MBS ETF were worth $338,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Kelly Financial Group LLC bought a new stake in iShares MBS ETF in the fourth quarter worth about $203,000. Shared Vision Wealth Group LLC raised its position in iShares MBS ETF by 4.6% in the fourth quarter. Shared Vision Wealth Group LLC now owns 67,966 shares of the company’s stock worth $6,231,000 after acquiring an additional 2,974 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in iShares MBS ETF in the 4th quarter worth about $110,000. Modera Wealth Management LLC increased its stake in iShares MBS ETF by 22.0% in the 4th quarter. Modera Wealth Management LLC now owns 275,859 shares of the company’s stock worth $25,291,000 after purchasing an additional 49,758 shares in the last quarter. Finally, Bailard Inc. increased its stake in iShares MBS ETF by 1.7% in the 4th quarter. Bailard Inc. now owns 71,330 shares of the company’s stock worth $6,540,000 after purchasing an additional 1,199 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $93.89 on Tuesday. The business’s 50-day moving average price is $91.98 and its 200 day moving average price is $93.38. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.3204 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares MBS ETF

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).