Buttonwood Financial Group LLC Acquires 3,198 Shares of iShares MBS ETF (NASDAQ:MBB)

Buttonwood Financial Group LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.4% during the 4th quarter, HoldingsChannel reports. The firm owned 53,329 shares of the company’s stock after buying an additional 3,198 shares during the period. iShares MBS ETF comprises approximately 2.7% of Buttonwood Financial Group LLC’s holdings, making the stock its 10th biggest position. Buttonwood Financial Group LLC’s holdings in iShares MBS ETF were worth $4,887,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Hobbs Group Advisors LLC raised its holdings in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after acquiring an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth $30,000. Godsey & Gibb Inc. purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth $33,000. MeadowBrook Investment Advisors LLC raised its holdings in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares during the period. Finally, Activest Wealth Management purchased a new position in shares of iShares MBS ETF during the 4th quarter worth $58,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4 %

NASDAQ MBB opened at $92.43 on Monday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The business’s fifty day simple moving average is $91.84 and its 200-day simple moving average is $93.50.

iShares MBS ETF Increases Dividend

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

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).