IFP Advisors Inc Has $2.42 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

IFP Advisors Inc boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 17.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,403 shares of the company’s stock after buying an additional 3,953 shares during the period. IFP Advisors Inc’s holdings in iShares MBS ETF were worth $2,420,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Principal Financial Group Inc. bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth $289,000. Kestra Investment Management LLC grew its position in iShares MBS ETF by 265.9% during the third quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after buying an additional 181,210 shares during the period. Fifth Third Bancorp grew its position in iShares MBS ETF by 272.8% during the fourth quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after buying an additional 1,195 shares during the period. Cerity Partners LLC grew its position in iShares MBS ETF by 0.5% during the third quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after buying an additional 206 shares during the period. Finally, Cobblestone Capital Advisors LLC NY grew its position in iShares MBS ETF by 2.0% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock valued at $2,366,000 after buying an additional 495 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $93.54 on Wednesday. The firm has a 50-day moving average of $91.78 and a 200 day moving average of $93.40. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Increases Dividend

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

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).