Quotient Wealth Partners LLC Has $176.31 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Quotient Wealth Partners LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,923,148 shares of the company’s stock after acquiring an additional 64,491 shares during the period. iShares MBS ETF makes up about 5.8% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 6th largest position. Quotient Wealth Partners LLC’s holdings in iShares MBS ETF were worth $176,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Alpha Financial Partners LLC purchased a new position in iShares MBS ETF during the third quarter valued at approximately $2,960,000. Lion Street Advisors LLC increased its stake in shares of iShares MBS ETF by 0.9% in the third quarter. Lion Street Advisors LLC now owns 15,727 shares of the company’s stock worth $1,507,000 after purchasing an additional 141 shares during the period. Silverlake Wealth Management LLC raised its stake in iShares MBS ETF by 107.3% during the 3rd quarter. Silverlake Wealth Management LLC now owns 13,432 shares of the company’s stock valued at $1,287,000 after purchasing an additional 6,954 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in iShares MBS ETF during the third quarter worth about $519,000. Finally, Concourse Financial Group Securities Inc. raised its stake in shares of iShares MBS ETF by 18.0% in the third quarter. Concourse Financial Group Securities Inc. now owns 265,140 shares of the company’s stock valued at $25,403,000 after purchasing an additional 40,458 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.2 %

Shares of iShares MBS ETF stock opened at $92.18 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The firm’s 50-day simple moving average is $92.00 and its 200-day simple moving average is $93.53.

iShares MBS ETF Increases Dividend

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

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).