Principal Financial Group Inc. Buys 272 Shares of iShares MBS ETF (NASDAQ:MBB)

Principal Financial Group Inc. lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 9.0% during the fourth quarter, Holdings Channel reports. The fund owned 3,293 shares of the company’s stock after acquiring an additional 272 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares MBS ETF were worth $302,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Ignite Planners LLC increased its position in iShares MBS ETF by 4.9% in the 4th quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after buying an additional 115 shares during the period. Savvy Advisors Inc. increased its position in iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares during the period. Delos Wealth Advisors LLC increased its position in iShares MBS ETF by 4.3% in the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after buying an additional 121 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares MBS ETF by 18.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock worth $73,000 after buying an additional 125 shares during the period. Finally, Hobbs Group Advisors LLC increased its position 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 buying an additional 149 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of NASDAQ MBB opened at $93.13 on Friday. The business’s 50 day moving average is $92.13 and its two-hundred day moving average is $93.36. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3204 dividend. 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).