W Advisors LLC Has $517,000 Stake in iShares MBS ETF (NASDAQ:MBB)

W Advisors LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,639 shares of the company’s stock after purchasing an additional 564 shares during the period. W Advisors LLC’s holdings in iShares MBS ETF were worth $517,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Hobbs Group Advisors LLC lifted its holdings in shares of 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 in the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF in the 3rd quarter valued at $30,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF during the 3rd quarter valued at $33,000. MeadowBrook Investment Advisors LLC boosted its holdings in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its stake in shares of iShares MBS ETF by 254.2% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after acquiring an additional 333 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.6 %

Shares of MBB stock opened at $92.17 on Tuesday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The firm has a 50-day moving average of $92.16 and a 200-day moving average of $93.59.

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.

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).