SteelPeak Wealth LLC Purchases 35,761 Shares of iShares MBS ETF (NASDAQ:MBB)

SteelPeak Wealth LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 25.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 177,461 shares of the company’s stock after buying an additional 35,761 shares during the period. SteelPeak Wealth LLC’s holdings in iShares MBS ETF were worth $16,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hobbs Group Advisors LLC boosted its holdings in iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the period. St. Johns Investment Management Company LLC acquired a new stake in iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. acquired a new stake in iShares MBS ETF during the third quarter worth about $33,000. MeadowBrook Investment Advisors LLC raised its holdings in iShares MBS ETF by 413.5% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its position 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 during the period. 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 1-year low of $89.16 and a 1-year high of $96.76. The business’s 50 day moving average is $92.16 and its 200-day moving average is $93.59.

iShares MBS ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2944 per share. 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).