iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Spectrum Investment Advisors Inc.

Spectrum Investment Advisors Inc. grew its stake in iShares MBS ETF (NASDAQ:MBB) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 129,657 shares of the company’s stock after purchasing an additional 1,497 shares during the quarter. iShares MBS ETF comprises approximately 7.9% of Spectrum Investment Advisors Inc.’s holdings, making the stock its 6th largest holding. Spectrum Investment Advisors Inc.’s holdings in iShares MBS ETF were worth $11,887,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MBB. Hobbs Group Advisors LLC raised its holdings in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF in the third quarter valued at about $33,000. MeadowBrook Investment Advisors LLC raised its position in shares of iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after purchasing an additional 306 shares during the period. Finally, CENTRAL TRUST Co lifted its holdings in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after purchasing an additional 189 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $92.18 on Friday. The business has a 50 day simple moving average of $92.04 and a 200 day simple moving average of $93.53. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

iShares MBS ETF Profile

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).