iShares MBS ETF (NASDAQ:MBB) is Buttonwood Financial Group LLC’s 10th Largest Position

Buttonwood Financial Group LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 53,329 shares of the company’s stock after buying an additional 3,198 shares during the quarter. iShares MBS ETF accounts for about 2.7% of Buttonwood Financial Group LLC’s portfolio, making the stock its 10th largest holding. Buttonwood Financial Group LLC’s holdings in iShares MBS ETF were worth $4,887,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Alpha Financial Partners LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $2,960,000. Exchange Traded Concepts LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $519,000. Trust Point Inc. acquired a new stake in shares of iShares MBS ETF during the 3rd quarter worth approximately $223,000. First Citizens Bank & Trust Co. grew its stake in shares of iShares MBS ETF by 19.5% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 8,765 shares of the company’s stock worth $840,000 after purchasing an additional 1,432 shares during the period. Finally, Raymond James & Associates grew its stake in shares of iShares MBS ETF by 9.1% during the 3rd quarter. Raymond James & Associates now owns 688,947 shares of the company’s stock worth $66,008,000 after purchasing an additional 57,634 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4 %

Shares of NASDAQ MBB opened at $92.43 on Monday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The firm’s 50 day simple moving average is $91.84 and its 200-day simple moving average is $93.50.

iShares MBS ETF Increases Dividend

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

iShares MBS ETF Company 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).