iShares MBS ETF (NASDAQ:MBB) is Midland Wealth Advisors LLC’s 5th Largest Position

Midland Wealth Advisors LLC decreased its position in iShares MBS ETF (NASDAQ:MBB) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,334,924 shares of the company’s stock after selling 3,324 shares during the quarter. iShares MBS ETF accounts for 7.4% of Midland Wealth Advisors LLC’s portfolio, making the stock its 5th biggest holding. Midland Wealth Advisors LLC owned approximately 0.34% of iShares MBS ETF worth $122,386,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Hobbs Group Advisors LLC increased its position 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 last quarter. MeadowBrook Investment Advisors LLC increased its holdings in shares of iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after buying an additional 306 shares during the last quarter. Key Financial Inc raised its position in shares of iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management bought a new position in shares of iShares MBS ETF in the 4th quarter valued at about $58,000. Finally, CENTRAL TRUST Co lifted its holdings in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after acquiring an additional 189 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $93.13 on Monday. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business’s 50 day moving average is $92.13 and its two-hundred day moving average is $93.33.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).