Corient Private Wealth LLC Increases Position in iShares MBS ETF (NASDAQ:MBB)

Corient Private Wealth LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 25.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 405,903 shares of the company’s stock after purchasing an additional 81,403 shares during the period. Corient Private Wealth LLC owned approximately 0.10% of iShares MBS ETF worth $37,213,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC raised 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 valued at $27,000 after buying an additional 149 shares in the last quarter. Truvestments Capital LLC bought a new position in iShares MBS ETF during the fourth quarter valued at approximately $36,000. Key Financial Inc raised its stake in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after acquiring an additional 422 shares in the last quarter. Activest Wealth Management bought a new stake in shares of iShares MBS ETF in the 4th quarter worth approximately $58,000. Finally, CENTRAL TRUST Co boosted its stake in shares of iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after purchasing an additional 189 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.2 %

Shares of NASDAQ:MBB opened at $93.20 on Tuesday. The company’s fifty day moving average is $92.33 and its 200 day moving average is $93.24. iShares MBS ETF has a 52 week low of $89.16 and a 52 week high of $96.76.

iShares MBS ETF Cuts Dividend

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