628 Shares in iShares MBS ETF (NASDAQ:MBB) Bought by Activest Wealth Management

Activest Wealth Management bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 628 shares of the company’s stock, valued at approximately $58,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hobbs Group Advisors LLC grew its holdings in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC raised its holdings in shares of iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its position in shares of iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.18 on Monday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The firm has a fifty day simple moving average of $92.00 and a 200 day simple moving average of $93.53.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).