Gateway Wealth Partners LLC Raises Holdings in iShares MBS ETF (NASDAQ:MBB)

Gateway Wealth Partners LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 15.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,643 shares of the company’s stock after purchasing an additional 2,317 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares MBS ETF were worth $1,618,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. SteelPeak Wealth LLC increased its position in shares of iShares MBS ETF by 25.2% during the fourth quarter. SteelPeak Wealth LLC now owns 177,461 shares of the company’s stock worth $16,270,000 after purchasing an additional 35,761 shares in the last quarter. Mayflower Financial Advisors LLC increased its position in shares of iShares MBS ETF by 12.2% during the fourth quarter. Mayflower Financial Advisors LLC now owns 43,869 shares of the company’s stock worth $4,022,000 after purchasing an additional 4,779 shares in the last quarter. Spectrum Planning & Advisory Services Inc. increased its position in shares of iShares MBS ETF by 61.9% during the fourth quarter. Spectrum Planning & Advisory Services Inc. now owns 37,836 shares of the company’s stock worth $3,469,000 after purchasing an additional 14,471 shares in the last quarter. Watershed Private Wealth LLC increased its position in shares of iShares MBS ETF by 8.8% during the fourth quarter. Watershed Private Wealth LLC now owns 26,190 shares of the company’s stock worth $2,401,000 after purchasing an additional 2,128 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares MBS ETF by 5.7% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 21,448 shares of the company’s stock worth $1,966,000 after purchasing an additional 1,154 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $92.17 on Wednesday. The stock’s fifty day moving average is $92.16 and its two-hundred day moving average is $93.59. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares MBS ETF

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).