Austin Private Wealth LLC Grows Position in iShares MBS ETF (NASDAQ:MBB)

Austin Private Wealth LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 10.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,278 shares of the company’s stock after purchasing an additional 17,067 shares during the quarter. iShares MBS ETF comprises about 1.5% of Austin Private Wealth LLC’s holdings, making the stock its 19th biggest holding. Austin Private Wealth LLC’s holdings in iShares MBS ETF were worth $16,069,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in MBB. Hobbs Group Advisors LLC boosted its stake in iShares MBS ETF by 115.5% in 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 in the last quarter. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF in the 3rd quarter worth $30,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the third quarter valued at about $33,000. MeadowBrook Investment Advisors LLC increased its position in iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its position in shares of iShares MBS ETF by 254.2% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.2 %

MBB opened at $92.19 on Friday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The company has a 50 day simple moving average of $92.15 and a two-hundred day simple moving average of $93.56.

iShares MBS ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date 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).