Signature Estate & Investment Advisors LLC Buys Shares of 2,875 iShares MBS ETF (NASDAQ:MBB)

Signature Estate & Investment Advisors LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,875 shares of the company’s stock, valued at approximately $264,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MBB. Principal Financial Group Inc. raised its holdings in iShares MBS ETF by 9.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after buying an additional 272 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares MBS ETF by 4.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock valued at $268,726,000 after acquiring an additional 121,689 shares during the period. Proficio Capital Partners LLC lifted its holdings in shares of iShares MBS ETF by 54.0% in the 4th quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock worth $7,790,000 after acquiring an additional 29,809 shares during the last quarter. Kestra Investment Management LLC boosted its position in shares of iShares MBS ETF by 265.9% during the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock worth $23,891,000 after purchasing an additional 181,210 shares during the period. Finally, Fifth Third Bancorp boosted its position in shares of iShares MBS ETF by 272.8% during the 4th quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after purchasing an additional 1,195 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $93.02 on Friday. The business’s 50 day moving average is $92.70 and its two-hundred day moving average is $93.14. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.3204 dividend. The ex-dividend date was Monday, March 3rd.

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).