Steward Partners Investment Advisory LLC Grows Holdings in iShares MBS ETF (NASDAQ:MBB)

Steward Partners Investment Advisory LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 55.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,484 shares of the company’s stock after purchasing an additional 29,936 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in iShares MBS ETF were worth $7,654,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MBB. Hobbs Group Advisors LLC grew its holdings in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the last quarter. MeadowBrook Investment Advisors LLC boosted its position in iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Key Financial Inc increased its position in shares of iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management acquired a new position in iShares MBS ETF during the fourth quarter worth $58,000. Finally, CENTRAL TRUST Co raised its position in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.4 %

Shares of NASDAQ:MBB opened at $93.22 on Thursday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The business’s 50 day moving average price is $92.06 and its 200-day moving average price is $93.37.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.3204 per share. The ex-dividend date of this dividend is 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).