Clearwater Capital Advisors LLC Has $26.45 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Clearwater Capital Advisors LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 288,541 shares of the company’s stock after acquiring an additional 25,155 shares during the period. iShares MBS ETF makes up approximately 2.6% of Clearwater Capital Advisors LLC’s investment portfolio, making the stock its 11th largest position. Clearwater Capital Advisors LLC’s holdings in iShares MBS ETF were worth $26,453,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MBB. Principal Financial Group Inc. raised its holdings in iShares MBS ETF by 9.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after acquiring an additional 272 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares MBS ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after buying an additional 121,689 shares in the last quarter. Kestra Investment Management LLC raised its position in shares of iShares MBS ETF by 265.9% in the 3rd 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 in the last quarter. Fifth Third Bancorp raised its position in shares of iShares MBS ETF by 272.8% in the 4th 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 in the last quarter. Finally, Voisard Asset Management Group Inc. boosted its position in shares of iShares MBS ETF by 2,221.2% during the 4th quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after acquiring an additional 78,565 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $93.00 on Monday. The company’s 50 day simple moving average is $92.29 and its 200 day simple moving average is $93.25. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 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).