WealthTrak Capital Management LLC Invests $500,000 in iShares MBS ETF (NASDAQ:MBB)

WealthTrak Capital Management LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,454 shares of the company’s stock, valued at approximately $500,000.

A number of other large investors have also added to or reduced their stakes in the company. Cerity Partners LLC raised its stake in shares of iShares MBS ETF by 0.5% during the third quarter. Cerity Partners LLC now owns 39,068 shares of the company’s stock worth $3,743,000 after acquiring an additional 206 shares in the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of iShares MBS ETF by 163.4% during the 3rd quarter. Loomis Sayles & Co. L P now owns 4,069 shares of the company’s stock valued at $390,000 after purchasing an additional 2,524 shares during the last quarter. D.A. Davidson & CO. raised its position in iShares MBS ETF by 15.4% in the 3rd quarter. D.A. Davidson & CO. now owns 19,620 shares of the company’s stock worth $1,880,000 after purchasing an additional 2,622 shares during the period. Freedom Investment Management Inc. lifted its stake in iShares MBS ETF by 39.6% in the third quarter. Freedom Investment Management Inc. now owns 5,242 shares of the company’s stock worth $502,000 after purchasing an additional 1,486 shares during the last quarter. Finally, Fiduciary Trust Co boosted its position in iShares MBS ETF by 51.4% during the third quarter. Fiduciary Trust Co now owns 10,701 shares of the company’s stock valued at $1,025,000 after buying an additional 3,635 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.7 %

MBB opened at $93.66 on Friday. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76. The business’s 50-day moving average price is $92.74 and its 200-day moving average price is $93.13.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend 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).