iShares MBS ETF (NASDAQ:MBB) Shares Bought by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 22.2% during the 4th quarter, Holdings Channel reports. The firm owned 7,426 shares of the company’s stock after purchasing an additional 1,351 shares during the period. Smartleaf Asset Management LLC’s holdings in iShares MBS ETF were worth $681,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Hobbs Group Advisors LLC increased its position 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 valued at $27,000 after purchasing an additional 149 shares during the period. MeadowBrook Investment Advisors LLC increased its position 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 valued at $36,000 after purchasing an additional 306 shares during the period. Key Financial Inc increased 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 purchasing an additional 422 shares during the period. Activest Wealth Management acquired a new position in shares of iShares MBS ETF during the 4th quarter valued at $58,000. Finally, CENTRAL TRUST Co increased its position 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 during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $93.89 on Tuesday. The stock’s fifty day simple moving average is $91.98 and its 200 day simple moving average is $93.38. 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 business also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a $0.3204 dividend. The ex-dividend date is 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).