One Wealth Capital Management LLC Buys New Position in iShares MBS ETF (NASDAQ:MBB)

One Wealth Capital Management LLC purchased a new position in iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 28,566 shares of the company’s stock, valued at approximately $2,619,000. iShares MBS ETF accounts for 1.3% of One Wealth Capital Management LLC’s portfolio, making the stock its 15th biggest holding.

Several other large investors also recently bought and sold shares of MBB. Exchange Traded Concepts LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter valued at approximately $519,000. Ascent Group LLC raised its stake in iShares MBS ETF by 27.5% during the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after buying an additional 16,488 shares in the last quarter. Zions Bancorporation N.A. bought a new position in iShares MBS ETF during the 2nd quarter worth approximately $189,000. AAFMAA Wealth Management & Trust LLC grew its position in shares of iShares MBS ETF by 0.9% in the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock worth $6,409,000 after acquiring an additional 592 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares MBS ETF by 76.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 65,437 shares of the company’s stock valued at $6,008,000 after acquiring an additional 28,456 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock traded down $0.24 on Tuesday, hitting $91.14. 1,790,140 shares of the stock traded hands, compared to its average volume of 1,971,703. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The company’s fifty day moving average is $92.54 and its 200 day moving average is $93.66.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2944 dividend. 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).