Wealth Enhancement Advisory Services LLC Purchases 1,140 Shares of iShares MBS ETF (NASDAQ:MBB)

Wealth Enhancement Advisory Services LLC increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 153,678 shares of the company’s stock after acquiring an additional 1,140 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares MBS ETF were worth $14,724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MBB. 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 buying an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth about $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the 3rd quarter worth about $33,000. MeadowBrook Investment Advisors LLC lifted its holdings in iShares MBS ETF by 413.5% during 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 period. Finally, Massmutual Trust Co. FSB ADV lifted its stake in shares of iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after purchasing an additional 333 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $90.52 on Monday. The business’s 50-day moving average is $92.40 and its 200-day moving average is $93.62. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

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

iShares MBS ETF Company 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).