TrueWealth Advisors LLC Acquires 675 Shares of iShares MBS ETF (NASDAQ:MBB)

TrueWealth Advisors LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 16.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,852 shares of the company’s stock after acquiring an additional 675 shares during the period. TrueWealth Advisors LLC’s holdings in iShares MBS ETF were worth $445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Exchange Traded Concepts LLC purchased a new position in iShares MBS ETF during the 3rd quarter worth $519,000. Ascent Group LLC lifted its position in shares of iShares MBS ETF by 27.5% during the second quarter. Ascent Group LLC now owns 76,549 shares of the company’s stock valued at $7,028,000 after purchasing an additional 16,488 shares in the last quarter. AAFMAA Wealth Management & Trust LLC boosted its holdings in iShares MBS ETF by 0.9% during the third quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock worth $6,409,000 after purchasing an additional 592 shares during the last quarter. Principal Financial Group Inc. bought a new stake in iShares MBS ETF in the 3rd quarter worth about $289,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in iShares MBS ETF by 76.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 65,437 shares of the company’s stock valued at $6,008,000 after buying an additional 28,456 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $91.59 on Friday. The company’s 50 day moving average price is $92.23 and its two-hundred day moving average price is $93.57. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2944 dividend. 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).