International Private Wealth Advisors LLC Takes $367,000 Position in iShares MBS ETF (NASDAQ:MBB)

International Private Wealth Advisors LLC bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, HoldingsChannel reports. The fund bought 4,007 shares of the company’s stock, valued at approximately $367,000.

A number of other institutional investors have also modified their holdings of the business. Hobbs Group Advisors LLC grew its position in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC acquired a new stake in shares of iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. purchased a new position in shares of iShares MBS ETF during the third quarter worth about $33,000. MeadowBrook Investment Advisors LLC increased its position in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares during the period. Finally, Activest Wealth Management acquired a new position in iShares MBS ETF in the 4th quarter valued at about $58,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.0 %

iShares MBS ETF stock opened at $92.20 on Tuesday. The stock has a 50 day moving average of $92.00 and a two-hundred day moving average of $93.54. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Increases Dividend

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

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).