Nwam LLC Grows Position in iShares MBS ETF (NASDAQ:MBB)

Nwam LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 37.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,483 shares of the company’s stock after purchasing an additional 2,563 shares during the period. Nwam LLC’s holdings in iShares MBS ETF were worth $869,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MBB. Principal Financial Group Inc. acquired a new stake in iShares MBS ETF during the 3rd quarter valued at approximately $289,000. Kestra Investment Management LLC lifted its stake in iShares MBS ETF by 265.9% during the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock valued at $23,891,000 after acquiring an additional 181,210 shares during the period. Fifth Third Bancorp lifted its stake in iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock valued at $150,000 after acquiring an additional 1,195 shares during the period. Cerity Partners LLC lifted its stake in iShares MBS ETF by 0.5% during the 3rd quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock valued at $3,743,000 after acquiring an additional 206 shares during the period. Finally, Cobblestone Capital Advisors LLC NY lifted its stake in iShares MBS ETF by 2.0% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,696 shares of the company’s stock valued at $2,366,000 after acquiring an additional 495 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.08 on Friday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The company has a 50 day simple moving average of $91.92 and a two-hundred day simple moving average of $93.40.

iShares MBS ETF Increases Dividend

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