Maripau Wealth Management LLC Acquires 2,149 Shares of iShares MBS ETF (NASDAQ:MBB)

Maripau Wealth Management LLC raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 7.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,328 shares of the company’s stock after purchasing an additional 2,149 shares during the period. iShares MBS ETF accounts for approximately 1.7% of Maripau Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Maripau Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,872,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Hobbs Group Advisors LLC increased its position 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 purchasing an additional 149 shares in the last quarter. MeadowBrook Investment Advisors LLC increased its position in shares of iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares in the last quarter. Key Financial Inc increased its position in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares in the last quarter. Activest Wealth Management acquired a new position in shares of iShares MBS ETF during the fourth quarter worth $58,000. Finally, CENTRAL TRUST Co increased its position in shares of iShares MBS ETF by 41.4% during 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. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

Shares of MBB stock opened at $94.08 on Friday. The business’s fifty day simple moving average is $91.92 and its 200-day simple moving average is $93.40. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

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

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).