Droms Strauss Advisors Inc. MO ADV Takes $335,000 Position in iShares MBS ETF (NASDAQ:MBB)

Droms Strauss Advisors Inc. MO ADV acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,651 shares of the company’s stock, valued at approximately $335,000.

Other large investors have also recently added to or reduced their stakes in the company. Ignite Planners LLC lifted its stake in iShares MBS ETF by 4.9% during the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares in the last quarter. Strategic Blueprint LLC lifted its stake in iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after purchasing an additional 116 shares in the last quarter. Savvy Advisors Inc. lifted its stake in iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after purchasing an additional 121 shares in the last quarter. Delos Wealth Advisors LLC lifted its stake in iShares MBS ETF by 4.3% during the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after purchasing an additional 121 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in iShares MBS ETF by 18.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock worth $73,000 after purchasing an additional 125 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $92.43 on Monday. The stock’s fifty day moving average is $91.84 and its two-hundred day moving average is $93.50. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.3414 dividend. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

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).