iShares MBS ETF (NASDAQ:MBB) is Avidian Wealth Enterprises LLC’s 5th Largest Position

Avidian Wealth Enterprises LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 3.7% in the 4th quarter, Holdings Channel reports. The fund owned 670,014 shares of the company’s stock after purchasing an additional 23,704 shares during the period. iShares MBS ETF accounts for 2.8% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 5th biggest holding. Avidian Wealth Enterprises LLC’s holdings in iShares MBS ETF were worth $61,427,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MBB. Hobbs Group Advisors LLC boosted its holdings in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $30,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $33,000. MeadowBrook Investment Advisors LLC boosted its stake in shares of iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 306 shares during the last quarter. Finally, Activest Wealth Management acquired a new stake in shares of iShares MBS ETF during the fourth quarter worth approximately $58,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $91.95 on Wednesday. The company has a fifty day simple moving average of $91.98 and a 200 day simple moving average of $93.54. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

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

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).