Tucker Asset Management LLC Raises Stock Position in iShares MBS ETF (NASDAQ:MBB)

Tucker Asset Management LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 74.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 670 shares of the company’s stock after buying an additional 286 shares during the period. Tucker Asset Management LLC’s holdings in iShares MBS ETF were worth $61,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its position in shares of iShares MBS ETF by 9.0% in the 4th quarter. Principal Financial Group Inc. now owns 3,293 shares of the company’s stock valued at $302,000 after purchasing an additional 272 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares MBS ETF by 4.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,931,127 shares of the company’s stock worth $268,726,000 after acquiring an additional 121,689 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of iShares MBS ETF by 54.0% in the 4th quarter. Proficio Capital Partners LLC now owns 84,964 shares of the company’s stock valued at $7,790,000 after acquiring an additional 29,809 shares during the period. Kestra Investment Management LLC boosted its stake in iShares MBS ETF by 265.9% during the 3rd quarter. Kestra Investment Management LLC now owns 249,363 shares of the company’s stock worth $23,891,000 after purchasing an additional 181,210 shares during the period. Finally, Fifth Third Bancorp boosted its stake in shares of iShares MBS ETF by 272.8% during the fourth quarter. Fifth Third Bancorp now owns 1,633 shares of the company’s stock worth $150,000 after buying an additional 1,195 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.7 %

Shares of MBB stock opened at $93.66 on Friday. The business’s 50 day moving average is $92.74 and its two-hundred day moving average is $93.10. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3204 dividend. The ex-dividend date of this dividend was Monday, March 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).