Ridgeline Wealth LLC Takes Position in iShares MBS ETF (NASDAQ:MBB)

Ridgeline Wealth LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,838 shares of the company’s stock, valued at approximately $260,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Blueprint LLC boosted its position in shares of iShares MBS ETF by 0.6% in the 3rd 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 period. Cypress Wealth Services LLC boosted its holdings in shares of 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 buying an additional 120 shares during the period. Savvy Advisors Inc. increased its position in shares of iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after acquiring an additional 121 shares in the last quarter. Delos Wealth Advisors LLC raised its holdings in shares of iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after acquiring an additional 121 shares during the period. Finally, Lodestar Private Asset Management LLC lifted its position in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock valued at $1,983,000 after acquiring an additional 131 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

NASDAQ MBB traded down $0.10 on Monday, hitting $91.38. 2,318,537 shares of the stock were exchanged, compared to its average volume of 2,061,512. The company’s 50-day moving average price is $92.57 and its two-hundred day moving average price is $93.67. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given 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).