iShares MBS ETF (NASDAQ:MBB) Shares Bought by Park Avenue Institutional Advisers LLC

Park Avenue Institutional Advisers LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 15.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 152,000 shares of the company’s stock after buying an additional 20,900 shares during the quarter. iShares MBS ETF accounts for about 51.1% of Park Avenue Institutional Advisers LLC’s investment portfolio, making the stock its biggest holding. Park Avenue Institutional Advisers LLC’s holdings in iShares MBS ETF were worth $14,300,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Aspire Private Capital LLC boosted its holdings in shares of iShares MBS ETF by 4.1% in the fourth quarter. Aspire Private Capital LLC now owns 6,181 shares of the company’s stock valued at $582,000 after buying an additional 242 shares during the period. RWA Wealth Partners LLC boosted its holdings in iShares MBS ETF by 24.6% during the fourth quarter. RWA Wealth Partners LLC now owns 2,235,560 shares of the company’s stock worth $210,322,000 after purchasing an additional 441,120 shares during the last quarter. Kelman Lazarov Inc. boosted its holdings in iShares MBS ETF by 1,974.3% during the fourth quarter. Kelman Lazarov Inc. now owns 67,041 shares of the company’s stock worth $6,307,000 after purchasing an additional 63,809 shares during the last quarter. Diversified LLC boosted its holdings in iShares MBS ETF by 11.5% during the fourth quarter. Diversified LLC now owns 8,411 shares of the company’s stock worth $791,000 after purchasing an additional 866 shares during the last quarter. Finally, Moneda S.A. Administradora General de Fondos boosted its holdings in iShares MBS ETF by 30.9% during the fourth quarter. Moneda S.A. Administradora General de Fondos now owns 8,730 shares of the company’s stock worth $821,000 after purchasing an additional 2,060 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB traded up $0.32 during trading hours on Tuesday, hitting $90.11. 1,362,603 shares of the company’s stock were exchanged, compared to its average volume of 2,549,492. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70. The stock’s 50-day moving average is $91.58 and its two-hundred day moving average is $91.19.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. This represents a $3.39 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend was Monday, April 1st.

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).