Magnus Financial Group LLC Raises Holdings in iShares MBS ETF (NASDAQ:MBB)

Magnus Financial Group LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 33.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,797 shares of the company’s stock after acquiring an additional 3,749 shares during the period. Magnus Financial Group LLC’s holdings in iShares MBS ETF were worth $1,357,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Dakota Wealth Management increased its stake in shares of iShares MBS ETF by 17.5% in the 4th quarter. Dakota Wealth Management now owns 201,003 shares of the company’s stock worth $18,428,000 after acquiring an additional 29,957 shares during the last quarter. Aspire Private Capital LLC grew its holdings in shares of iShares MBS ETF by 8.9% in the fourth quarter. Aspire Private Capital LLC now owns 9,505 shares of the company’s stock valued at $871,000 after purchasing an additional 773 shares during the period. Atomi Financial Group Inc. raised its stake in iShares MBS ETF by 77.5% during the fourth quarter. Atomi Financial Group Inc. now owns 91,403 shares of the company’s stock worth $8,380,000 after purchasing an additional 39,903 shares during the period. Chesley Taft & Associates LLC lifted its holdings in iShares MBS ETF by 17.5% in the fourth quarter. Chesley Taft & Associates LLC now owns 3,021 shares of the company’s stock valued at $277,000 after acquiring an additional 450 shares during the last quarter. Finally, ADE LLC increased its stake in iShares MBS ETF by 9.3% during the fourth quarter. ADE LLC now owns 7,835 shares of the company’s stock worth $718,000 after acquiring an additional 665 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $91.83 on Wednesday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The stock’s fifty day moving average is $92.20 and its two-hundred day moving average is $93.60.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2944 dividend. 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).