Maxwell Wealth Strategies Inc. grew its stake in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,991 shares of the company’s stock after acquiring an additional 333 shares during the quarter. Maxwell Wealth Strategies Inc.’s holdings in iShares MBS ETF were worth $733,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Principal Financial Group Inc. grew its stake in iShares MBS ETF by 9.0% during the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after purchasing an additional 272 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MBS ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after purchasing an additional 121,689 shares during the period. Proficio Capital Partners LLC boosted its position in iShares MBS ETF by 54.0% in the fourth quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock valued at $7,790,000 after buying an additional 29,809 shares during the last quarter. Voisard Asset Management Group Inc. increased its holdings in iShares MBS ETF by 2,221.2% in the 4th quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after buying an additional 78,565 shares during the period. Finally, Fifth Third Bancorp raised its position in iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after buying an additional 1,195 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.
iShares MBS ETF Stock Performance
Shares of NASDAQ MBB opened at $92.58 on Wednesday. The company has a 50 day simple moving average of $93.00 and a two-hundred day simple moving average of $92.94. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.
iShares MBS ETF Increases Dividend
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).
See Also
- Five stocks we like better than iShares MBS ETF
- How to Calculate Return on Investment (ROI)
- Top 3 S&P 500 Winners in a Losing Market
- What Are Dividends? Buy the Best Dividend Stocks
- General Motors: When Good News Isn’t Good Enough
- 3 Healthcare Dividend Stocks to Buy
- 3 Health Insurance Stocks Holding Green in Market Turmoil
Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB – Free Report).
Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.