JGP Wealth Management LLC Acquires 3,695 Shares of iShares MBS ETF (NASDAQ:MBB)

JGP Wealth Management LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 46.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,591 shares of the company’s stock after purchasing an additional 3,695 shares during the period. JGP Wealth Management LLC’s holdings in iShares MBS ETF were worth $1,063,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in MBB. Hobbs Group Advisors LLC lifted its position in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC purchased a new position in shares of iShares MBS ETF in the third quarter worth $30,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC boosted its position in 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 during the period. Finally, Massmutual Trust Co. FSB ADV grew its holdings in iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after acquiring an additional 333 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $91.66 on Friday. The firm’s 50-day moving average price is $92.29 and its two-hundred day moving average price is $93.58. 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 declared 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 Company 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).