iShares MBS ETF (NASDAQ:MBB) Position Boosted by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,923,148 shares of the company’s stock after purchasing an additional 64,491 shares during the quarter. iShares MBS ETF accounts for about 5.8% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 6th largest holding. Quotient Wealth Partners LLC owned approximately 0.49% of iShares MBS ETF worth $176,314,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Hobbs Group Advisors LLC grew its stake 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 acquiring an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. purchased a new position in shares of iShares MBS ETF during the 3rd quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC grew its position in shares of 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 buying an additional 306 shares in the last quarter. Finally, CENTRAL TRUST Co raised its holdings in iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $92.18 on Friday. The firm has a fifty day moving average of $92.00 and a two-hundred day moving average of $93.53. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.3414 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost 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).