Paces Ferry Wealth Advisors LLC Invests $201,000 in iShares MBS ETF (NASDAQ:MBB)

Paces Ferry Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,189 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Hobbs Group Advisors LLC grew its holdings in shares of 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 acquiring an additional 149 shares during the period. Truvestments Capital LLC purchased a new stake in iShares MBS ETF in the fourth quarter worth $36,000. Key Financial Inc grew its stake in iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares during the period. Activest Wealth Management purchased a new position in iShares MBS ETF during the fourth quarter valued at $58,000. Finally, CENTRAL TRUST Co boosted its holdings in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after buying an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

Shares of iShares MBS ETF stock opened at $93.55 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company has a 50-day moving average of $92.53 and a 200 day moving average of $93.20.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.3204 per share. The ex-dividend date was Monday, March 3rd.

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).