Foster & Motley Inc. Increases Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Foster & Motley Inc. grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 79.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,800 shares of the company’s stock after purchasing an additional 20,315 shares during the quarter. Foster & Motley Inc.’s holdings in iShares MBS ETF were worth $4,199,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Exchange Traded Concepts LLC purchased a new position in iShares MBS ETF during the 3rd quarter worth approximately $519,000. Principal Financial Group Inc. purchased a new position in shares of iShares MBS ETF during the third quarter worth approximately $289,000. AAFMAA Wealth Management & Trust LLC increased 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 acquiring an additional 592 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in 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 during the last quarter. Finally, Alternative Investment Advisors LLC. acquired a new stake in iShares MBS ETF during the 2nd quarter worth $7,721,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $92.20 on Thursday. The company’s fifty day moving average is $92.15 and its two-hundred day moving average is $93.58. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently declared 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 of this dividend 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).