7,988 Shares in iShares MBS ETF (NASDAQ:MBB) Purchased by Hobbs Wealth Management LLC

Hobbs Wealth Management LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 7,988 shares of the company’s stock, valued at approximately $732,000. iShares MBS ETF comprises approximately 0.8% of Hobbs Wealth Management LLC’s holdings, making the stock its 19th biggest position.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its holdings in shares of iShares MBS ETF by 9.0% in the fourth 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 in the last quarter. PNC Financial Services Group Inc. lifted its stake 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 valued at $268,726,000 after acquiring an additional 121,689 shares during the period. Proficio Capital Partners LLC boosted its holdings 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 acquiring an additional 29,809 shares during the last quarter. Voisard Asset Management Group Inc. increased its position in iShares MBS ETF by 2,221.2% in the fourth quarter. Voisard Asset Management Group Inc. now owns 82,102 shares of the company’s stock worth $7,527,000 after purchasing an additional 78,565 shares during the period. Finally, Fifth Third Bancorp raised its holdings 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 purchasing an additional 1,195 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $91.95 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company’s 50-day moving average is $93.01 and its two-hundred day moving average is $92.89.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.3309 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from iShares MBS ETF’s previous dividend of $0.32.

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).