Vertex Planning Partners LLC Boosts Stock Position in iShares MBS ETF (NASDAQ:MBB)

Vertex Planning Partners LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 661.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,882 shares of the company’s stock after purchasing an additional 69,387 shares during the quarter. iShares MBS ETF makes up 1.6% of Vertex Planning Partners LLC’s investment portfolio, making the stock its 16th largest holding. Vertex Planning Partners LLC’s holdings in iShares MBS ETF were worth $7,324,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ignite Planners LLC grew its holdings in iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after purchasing an additional 115 shares during the period. Delos Wealth Advisors LLC grew its position in shares of iShares MBS ETF by 4.3% in the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after purchasing an additional 121 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares MBS ETF by 18.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after purchasing an additional 125 shares during the period. Hobbs Group Advisors LLC lifted its holdings in 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 purchasing an additional 149 shares in the last quarter. Finally, WMG Financial Advisors LLC boosted its stake in iShares MBS ETF by 4.3% in the 4th quarter. WMG Financial Advisors LLC now owns 3,692 shares of the company’s stock worth $338,000 after purchasing an additional 152 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Down 0.1 %

Shares of MBB opened at $93.02 on Friday. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76. The business’s 50-day moving average price is $92.70 and its 200-day moving average price is $93.14.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.3204 per share. The ex-dividend date of this dividend was Monday, March 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).