Twin Peaks Wealth Advisors LLC Acquires 2,522 Shares of iShares MBS ETF (NASDAQ:MBB)

Twin Peaks Wealth Advisors LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 14.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 19,678 shares of the company’s stock after buying an additional 2,522 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $1,804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC grew its stake in shares of iShares MBS ETF by 115.5% in the 3rd 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 period. MeadowBrook Investment Advisors LLC boosted its stake in iShares MBS ETF by 413.5% in 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 in the last quarter. Key Financial Inc boosted its stake in iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management bought a new stake in iShares MBS ETF in the fourth quarter valued at $58,000. Finally, CENTRAL TRUST Co raised its stake in iShares MBS ETF by 41.4% during the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after acquiring an additional 189 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $92.99 on Tuesday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The business has a fifty day moving average of $91.76 and a two-hundred day moving average of $93.41.

iShares MBS ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 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).