iShares MBS ETF (NASDAQ:MBB) Stake Boosted by Smith Salley Wealth Management

Smith Salley Wealth Management boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 58.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,163 shares of the company’s stock after purchasing an additional 24,868 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares MBS ETF were worth $6,158,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC boosted its stake in iShares MBS ETF by 15.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 2,484 shares of the company’s stock valued at $228,000 after acquiring an additional 329 shares during the period. HB Wealth Management LLC lifted its holdings in shares of iShares MBS ETF by 53.1% in the 4th quarter. HB Wealth Management LLC now owns 4,375 shares of the company’s stock worth $401,000 after purchasing an additional 1,517 shares during the last quarter. DB Fitzpatrick & Co Inc boosted its position in iShares MBS ETF by 25.6% during the 4th quarter. DB Fitzpatrick & Co Inc now owns 24,729 shares of the company’s stock valued at $2,267,000 after purchasing an additional 5,037 shares during the period. TrueWealth Advisors LLC grew its stake in iShares MBS ETF by 16.2% during the 4th quarter. TrueWealth Advisors LLC now owns 4,852 shares of the company’s stock worth $445,000 after buying an additional 675 shares during the last quarter. Finally, Retirement Wealth Solutions LLC acquired a new stake in iShares MBS ETF in the fourth quarter worth $700,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $91.59 on Friday. The firm has a fifty day moving average of $92.23 and a 200-day moving average of $93.59. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders 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).