iShares MBS ETF (NASDAQ:MBB) Shares Purchased by LongView Wealth Management

LongView Wealth Management lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 15.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,457 shares of the company’s stock after buying an additional 461 shares during the quarter. LongView Wealth Management’s holdings in iShares MBS ETF were worth $317,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in MBB. Merit Financial Group LLC raised its position in iShares MBS ETF by 10.7% in the fourth quarter. Merit Financial Group LLC now owns 910,780 shares of the company’s stock valued at $83,500,000 after purchasing an additional 87,786 shares during the period. Procyon Advisors LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter valued at about $1,835,000. RDA Financial Network grew its position in iShares MBS ETF by 47.4% in the fourth quarter. RDA Financial Network now owns 21,082 shares of the company’s stock valued at $1,933,000 after acquiring an additional 6,776 shares in the last quarter. Empirical Asset Management LLC lifted its stake in shares of iShares MBS ETF by 26.2% in the fourth quarter. Empirical Asset Management LLC now owns 4,989 shares of the company’s stock worth $457,000 after acquiring an additional 1,035 shares in the last quarter. Finally, Edge Wealth Management LLC raised its holdings in iShares MBS ETF by 9.4% in the fourth quarter. Edge Wealth Management LLC now owns 86,507 shares of the company’s stock valued at $7,931,000 after acquiring an additional 7,422 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $91.59 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The firm’s 50-day simple moving average is $92.23 and its 200-day simple moving average is $93.57.

iShares MBS ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

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).