Kestra Investment Management LLC Buys 21,393 Shares of iShares MBS ETF (NASDAQ:MBB)

Kestra Investment Management LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,756 shares of the company’s stock after purchasing an additional 21,393 shares during the quarter. iShares MBS ETF comprises 1.0% of Kestra Investment Management LLC’s holdings, making the stock its 27th largest holding. Kestra Investment Management LLC owned 0.07% of iShares MBS ETF worth $24,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Alpha Financial Partners LLC purchased a new stake in shares of iShares MBS ETF during the third quarter valued at $2,960,000. First Citizens Bank & Trust Co. lifted its position in 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 acquiring an additional 1,432 shares during the period. Raymond James & Associates grew its stake in iShares MBS ETF by 9.1% during the 3rd quarter. Raymond James & Associates now owns 688,947 shares of the company’s stock valued at $66,008,000 after purchasing an additional 57,634 shares during the last quarter. Cyndeo Wealth Partners LLC increased its holdings in shares of iShares MBS ETF by 9.9% in the third quarter. Cyndeo Wealth Partners LLC now owns 9,041 shares of the company’s stock valued at $866,000 after purchasing an additional 816 shares during the period. Finally, Narus Financial Partners LLC raised its stake in shares of iShares MBS ETF by 3.8% in the third quarter. Narus Financial Partners LLC now owns 5,743 shares of the company’s stock worth $550,000 after purchasing an additional 211 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

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

iShares MBS ETF Increases Dividend

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

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).