iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 11.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 21,853 shares of the company’s stock after buying an additional 2,323 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,003,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of MBB. Ignite Planners LLC raised its position in shares of iShares MBS ETF by 4.9% during the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after buying an additional 115 shares during the period. Strategic Blueprint LLC raised its position in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after buying an additional 116 shares during the period. Savvy Advisors Inc. raised its position in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after buying an additional 121 shares during the period. Delos Wealth Advisors LLC raised its position in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after buying an additional 121 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares MBS ETF by 18.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after buying an additional 125 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.4 %

iShares MBS ETF stock opened at $92.43 on Friday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The firm has a 50 day moving average price of $91.87 and a 200 day moving average price of $93.50.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.3414 dividend. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares MBS ETF

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).