W Advisors LLC Acquires 564 Shares of iShares MBS ETF (NASDAQ:MBB)

W Advisors LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 11.1% during the fourth quarter, HoldingsChannel reports. The firm owned 5,639 shares of the company’s stock after purchasing an additional 564 shares during the quarter. W Advisors LLC’s holdings in iShares MBS ETF were worth $517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Hobbs Group Advisors LLC increased its position in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC bought a new position in shares of iShares MBS ETF during the 3rd quarter worth $30,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF during the 3rd quarter worth $33,000. MeadowBrook Investment Advisors LLC increased its holdings in iShares MBS ETF by 413.5% in 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. Finally, Massmutual Trust Co. FSB ADV raised its stake in iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after acquiring an additional 333 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.6 %

Shares of NASDAQ:MBB opened at $92.17 on Tuesday. The company has a 50-day moving average price of $92.16 and a two-hundred day moving average price of $93.59. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).