Maripau Wealth Management LLC Increases Position in iShares MBS ETF (NASDAQ:MBB)

Maripau Wealth Management LLC increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,328 shares of the company’s stock after buying an additional 2,149 shares during the quarter. iShares MBS ETF comprises 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 reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Cobblestone Capital Advisors LLC NY boosted its holdings in iShares MBS ETF by 20.7% in the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 29,807 shares of the company’s stock valued at $2,733,000 after purchasing an additional 5,111 shares during the last quarter. Heritage Oak Wealth Advisors LLC purchased a new stake in iShares MBS ETF in the fourth quarter valued at $365,000. Proficio Capital Partners LLC boosted its holdings in iShares MBS ETF by 9,869.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after purchasing an additional 5,443,314 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in iShares MBS ETF by 2.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 14,323 shares of the company’s stock valued at $1,313,000 after purchasing an additional 289 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in iShares MBS ETF by 8.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 52,163 shares of the company’s stock valued at $4,782,000 after purchasing an additional 3,864 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4 %

NASDAQ:MBB opened at $94.08 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The firm’s fifty day moving average is $91.92 and its two-hundred day moving average is $93.40.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3414 dividend. This is a positive change 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).