Spire Wealth Management Has $1.53 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Spire Wealth Management lessened its position in iShares MBS ETF (NASDAQ:MBB) by 2.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 16,725 shares of the company’s stock after selling 354 shares during the period. Spire Wealth Management’s holdings in iShares MBS ETF were worth $1,533,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in MBB. Hobbs Group Advisors LLC lifted its holdings in iShares MBS ETF by 115.5% during the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after purchasing an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF during the 3rd quarter worth approximately $30,000. Godsey & Gibb Inc. bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth approximately $33,000. MeadowBrook Investment Advisors LLC lifted its stake in shares of 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 purchasing an additional 306 shares during the period. Finally, Massmutual Trust Co. FSB ADV lifted 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 valued at $44,000 after purchasing an additional 333 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.4 %

Shares of NASDAQ:MBB opened at $91.80 on Tuesday. The stock has a fifty day simple moving average of $92.14 and a two-hundred day simple moving average of $93.56. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a $0.3414 dividend. The ex-dividend date is Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

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).