iShares MBS ETF (NASDAQ:MBB) Position Raised by Private Portfolio Partners LLC

Private Portfolio Partners LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 16.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,006 shares of the company’s stock after purchasing an additional 558 shares during the quarter. Private Portfolio Partners LLC’s holdings in iShares MBS ETF were worth $367,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MBB. Franklin Resources Inc. grew its stake in shares of iShares MBS ETF by 1.9% in the 4th quarter. Franklin Resources Inc. now owns 302,201 shares of the company’s stock worth $27,706,000 after purchasing an additional 5,492 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in iShares MBS ETF by 15.5% during the fourth quarter. Alliancebernstein L.P. now owns 675,816 shares of the company’s stock worth $61,959,000 after buying an additional 90,614 shares in the last quarter. D L Carlson Investment Group Inc. grew its position in iShares MBS ETF by 1.9% in the fourth quarter. D L Carlson Investment Group Inc. now owns 24,691 shares of the company’s stock worth $2,264,000 after buying an additional 456 shares during the last quarter. RWA Wealth Partners LLC increased its holdings in shares of iShares MBS ETF by 2.4% in the fourth quarter. RWA Wealth Partners LLC now owns 2,403,354 shares of the company’s stock valued at $220,339,000 after buying an additional 55,789 shares in the last quarter. Finally, Strategy Asset Managers LLC lifted its position in shares of iShares MBS ETF by 1.1% during the 4th quarter. Strategy Asset Managers LLC now owns 21,087 shares of the company’s stock valued at $1,933,000 after acquiring an additional 236 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB opened at $93.59 on Thursday. The business has a fifty day simple moving average of $92.86 and a 200-day simple moving average of $93.05. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be paid a $0.3309 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost from iShares MBS ETF’s previous dividend of $0.32.

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).