Park Avenue Securities LLC Increases Stake in iShares MBS ETF (NASDAQ:MBB)

Park Avenue Securities LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 9.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,619,778 shares of the company’s stock after buying an additional 146,218 shares during the period. iShares MBS ETF makes up about 1.5% of Park Avenue Securities LLC’s investment portfolio, making the stock its 11th largest holding. Park Avenue Securities LLC owned about 0.42% of iShares MBS ETF worth $148,501,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ignite Planners LLC lifted its stake in iShares MBS ETF by 4.9% during the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after acquiring an additional 115 shares during the period. Strategic Blueprint LLC raised its holdings in shares of iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after purchasing an additional 116 shares during the last quarter. Cypress Wealth Services LLC boosted its holdings in iShares MBS ETF by 0.3% in the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock worth $4,463,000 after purchasing an additional 120 shares during the last quarter. Savvy Advisors Inc. lifted its holdings in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after buying an additional 121 shares during the period. Finally, Delos Wealth Advisors LLC boosted its stake in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after buying an additional 121 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1 %

iShares MBS ETF stock opened at $90.46 on Wednesday. The stock has a fifty day moving average of $92.30 and a 200 day moving average of $93.60. 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 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 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).