Aveo Capital Partners LLC Raises Holdings in iShares MBS ETF (NASDAQ:MBB)

Aveo Capital Partners LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,786 shares of the company’s stock after purchasing an additional 388 shares during the quarter. Aveo Capital Partners LLC’s holdings in iShares MBS ETF were worth $530,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MBB. Hobbs Group Advisors LLC lifted its stake 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 worth $27,000 after purchasing an additional 149 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF during the third quarter worth about $30,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF in the third quarter worth about $33,000. MeadowBrook Investment Advisors LLC lifted its stake in shares of iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares in the last quarter. Finally, Activest Wealth Management acquired a new position in shares of iShares MBS ETF in the fourth quarter worth about $58,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4 %

NASDAQ:MBB opened at $92.43 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The business’s 50-day simple moving average is $91.84 and its 200 day simple moving average is $93.50.

iShares MBS ETF Increases Dividend

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

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).