Cyndeo Wealth Partners LLC Purchases 725 Shares of iShares MBS ETF (NASDAQ:MBB)

Cyndeo Wealth Partners LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 8.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,766 shares of the company’s stock after buying an additional 725 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares MBS ETF were worth $895,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MBB. Hobbs Group Advisors LLC lifted its stake in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $30,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $33,000. MeadowBrook Investment Advisors LLC raised its position in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV raised its position in shares of iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $91.65 on Friday. The firm’s 50-day moving average price is $92.16 and its 200-day moving average price is $93.57. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).