Patriot Financial Group Insurance Agency LLC Grows Stake in iShares MBS ETF (NASDAQ:MBB)

Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,448 shares of the company’s stock after purchasing an additional 1,154 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MBS ETF were worth $1,966,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Hobbs Group Advisors LLC boosted its stake in iShares MBS ETF by 115.5% in 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. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF during the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the third quarter valued at $33,000. MeadowBrook Investment Advisors LLC boosted its stake in shares of iShares MBS ETF by 413.5% in the third 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. Finally, Massmutual Trust Co. FSB ADV grew its holdings in iShares MBS ETF by 254.2% during the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after acquiring an additional 333 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

MBB stock opened at $92.04 on Tuesday. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76. The firm has a 50-day simple moving average of $92.16 and a 200-day simple moving average of $93.59.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date of this dividend was Wednesday, December 18th.

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).