Steward Partners Investment Advisory LLC Purchases 29,936 Shares of iShares MBS ETF (NASDAQ:MBB)

Steward Partners Investment Advisory LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 55.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,484 shares of the company’s stock after purchasing an additional 29,936 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares MBS ETF were worth $7,654,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. WMG Financial Advisors LLC lifted its position in iShares MBS ETF by 4.3% during the fourth quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock valued at $338,000 after purchasing an additional 152 shares during the last quarter. Kelly Financial Group LLC purchased a new stake in iShares MBS ETF during the fourth quarter valued at about $203,000. Shared Vision Wealth Group LLC raised its position in iShares MBS ETF by 4.6% during the fourth quarter. Shared Vision Wealth Group LLC now owns 67,966 shares of the company’s stock valued at $6,231,000 after purchasing an additional 2,974 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in iShares MBS ETF during the fourth quarter worth about $110,000. Finally, Modera Wealth Management LLC boosted its holdings in shares of iShares MBS ETF by 22.0% in the 4th quarter. Modera Wealth Management LLC now owns 275,859 shares of the company’s stock worth $25,291,000 after purchasing an additional 49,758 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.4 %

Shares of NASDAQ MBB opened at $93.22 on Thursday. The firm’s 50 day simple moving average is $92.06 and its two-hundred day simple moving average is $93.37. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a dividend of $0.3204 per share. The ex-dividend date is Monday, March 3rd.

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).