Mayflower Financial Advisors LLC Has $4.02 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Mayflower Financial Advisors LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 12.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 43,869 shares of the company’s stock after acquiring an additional 4,779 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares MBS ETF were worth $4,022,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Exchange Traded Concepts LLC bought a new stake in iShares MBS ETF in the third quarter valued at approximately $519,000. Principal Financial Group Inc. bought a new position in iShares MBS ETF during the 3rd quarter worth $289,000. AAFMAA Wealth Management & Trust LLC boosted its holdings in shares of iShares MBS ETF by 0.9% in the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after purchasing an additional 592 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MBS ETF by 76.9% in the 2nd 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 in the last quarter. Finally, Heritage Oak Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter valued at $369,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.17 on Wednesday. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76. The business has a fifty day simple moving average of $92.16 and a 200 day simple moving average of $93.59.

iShares MBS ETF Cuts Dividend

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

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).