iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Watershed Private Wealth LLC

Watershed Private Wealth LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 8.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,190 shares of the company’s stock after purchasing an additional 2,128 shares during the quarter. iShares MBS ETF accounts for about 0.9% of Watershed Private Wealth LLC’s holdings, making the stock its 23rd largest holding. Watershed Private Wealth LLC’s holdings in iShares MBS ETF were worth $2,401,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Exchange Traded Concepts LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $519,000. Principal Financial Group Inc. purchased a new stake in iShares MBS ETF during the 3rd quarter worth approximately $289,000. AAFMAA Wealth Management & Trust LLC raised its holdings in shares of iShares MBS ETF by 0.9% during the third quarter. AAFMAA Wealth Management & Trust LLC now owns 66,897 shares of the company’s stock valued at $6,409,000 after acquiring an additional 592 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares MBS ETF by 76.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 65,437 shares of the company’s stock valued at $6,008,000 after acquiring 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 in the second quarter worth approximately $369,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

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

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued 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).