BCU Wealth Advisors LLC Purchases 2,715 Shares of iShares MBS ETF (NASDAQ:MBB)

BCU Wealth Advisors LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 17.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,681 shares of the company’s stock after purchasing an additional 2,715 shares during the period. iShares MBS ETF makes up approximately 1.0% of BCU Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest holding. BCU Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $1,713,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Hobbs Group Advisors LLC lifted its position in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at about $30,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the third quarter worth about $33,000. 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 valued at $36,000 after purchasing an additional 306 shares during the last quarter. Finally, Activest Wealth Management bought a new position in iShares MBS ETF in the fourth quarter valued at approximately $58,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

NASDAQ:MBB opened at $92.43 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The stock’s 50 day moving average price is $91.87 and its two-hundred day moving average price is $93.50.

iShares MBS ETF Increases Dividend

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

iShares MBS ETF 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).