Fairvoy Private Wealth LLC Invests $462,000 in iShares MBS ETF (NASDAQ:MBB)

Fairvoy Private Wealth LLC purchased a new position in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,043 shares of the company’s stock, valued at approximately $462,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MBB. Hobbs Group Advisors LLC raised its position in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after buying an additional 149 shares during the last quarter. St. Johns Investment Management Company LLC purchased a new stake in iShares MBS ETF in the 3rd quarter worth $30,000. Godsey & Gibb Inc. bought a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $33,000. MeadowBrook Investment Advisors LLC grew its position in shares of iShares MBS ETF by 413.5% during the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 306 shares in the last quarter. Finally, CENTRAL TRUST Co increased its holdings in shares of iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after purchasing an additional 189 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.39 on Friday. The firm has a fifty day simple moving average of $92.06 and a two-hundred day simple moving average of $93.54. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3414 per share. This is an increase from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date of this dividend was Monday, February 3rd.

iShares MBS ETF Company 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).