Edge Wealth Management LLC Boosts Stake in iShares MBS ETF (NASDAQ:MBB)

Edge Wealth Management LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 86,507 shares of the company’s stock after acquiring an additional 7,422 shares during the quarter. iShares MBS ETF comprises approximately 1.6% of Edge Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Edge Wealth Management LLC’s holdings in iShares MBS ETF were worth $7,931,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Hobbs Group Advisors LLC grew its stake in shares of iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF during the third quarter worth about $33,000. MeadowBrook Investment Advisors LLC increased its holdings in iShares MBS ETF by 413.5% in the third 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. Finally, Massmutual Trust Co. FSB ADV increased its holdings in iShares MBS ETF by 254.2% in the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock valued at $44,000 after buying an additional 333 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $91.66 on Friday. The business’s 50 day simple moving average is $92.29 and its 200-day simple moving average is $93.58. iShares MBS ETF has a 12 month low of $89.16 and a 12 month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2944 per share. The ex-dividend date of this dividend 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).