Corient Private Wealth LLC Raises Stock Position in iShares MBS ETF (NASDAQ:MBB)

Corient Private Wealth LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 25.1% in the fourth quarter, HoldingsChannel reports. The firm owned 405,903 shares of the company’s stock after acquiring an additional 81,403 shares during the period. Corient Private Wealth LLC’s holdings in iShares MBS ETF were worth $37,213,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. bought a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $289,000. Thrivent Financial for Lutherans increased its holdings in iShares MBS ETF by 92.5% during the third quarter. Thrivent Financial for Lutherans now owns 743,690 shares of the company’s stock valued at $71,252,000 after buying an additional 357,445 shares during the last quarter. Pettinga Financial Advisors LLC raised its position in iShares MBS ETF by 4.9% in the third quarter. Pettinga Financial Advisors LLC now owns 47,755 shares of the company’s stock worth $4,575,000 after acquiring an additional 2,243 shares during the period. EQ LLC boosted its stake in shares of iShares MBS ETF by 28.2% during the 3rd quarter. EQ LLC now owns 3,127 shares of the company’s stock worth $300,000 after acquiring an additional 687 shares during the last quarter. Finally, Theory Financial LLC grew its position in shares of iShares MBS ETF by 2.5% during the 3rd quarter. Theory Financial LLC now owns 98,360 shares of the company’s stock valued at $9,132,000 after acquiring an additional 2,402 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $93.20 on Tuesday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The business has a fifty day moving average price of $92.33 and a 200-day moving average price of $93.24.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given 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).