Oregon Pacific Wealth Management LLC Takes $290,000 Position in iShares MBS ETF (NASDAQ:MBB)

Oregon Pacific Wealth Management LLC bought a new stake in iShares MBS ETF (NASDAQ:MBBFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,164 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors have also modified their holdings of MBB. Hobbs Group Advisors LLC grew its position in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF in the 3rd quarter worth about $30,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF in the 3rd quarter worth about $33,000. MeadowBrook Investment Advisors LLC grew its position 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 purchasing an additional 306 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its position 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 worth $44,000 after purchasing an additional 333 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $92.19 on Monday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The company has a 50-day moving average price of $92.14 and a two-hundred day moving average price of $93.56.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares MBS ETF Profile

(Free Report)

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).

Further Reading

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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