Narus Financial Partners LLC Boosts Stake in iShares MBS ETF (NASDAQ:MBB)

Narus Financial Partners LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.4% in the fourth quarter, Holdings Channel reports. The fund owned 6,285 shares of the company’s stock after buying an additional 542 shares during the period. Narus Financial Partners LLC’s holdings in iShares MBS ETF were worth $576,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of MBB. Exchange Traded Concepts LLC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at approximately $519,000. Principal Financial Group Inc. purchased a new position in shares of iShares MBS ETF during the 3rd quarter worth $289,000. AAFMAA Wealth Management & Trust LLC boosted its position in shares of iShares MBS ETF by 0.9% during the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after acquiring an additional 592 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares MBS ETF by 76.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 65,437 shares of the company’s stock valued at $6,008,000 after purchasing an additional 28,456 shares during the period. Finally, Alternative Investment Advisors LLC. purchased a new position in iShares MBS ETF during the second quarter worth about $7,721,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.1 %

NASDAQ:MBB opened at $92.33 on Friday. The company’s 50-day moving average is $92.15 and its two-hundred day moving average is $93.57. 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 announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. The ex-dividend date 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).