Vertex Planning Partners LLC Grows Position in iShares MBS ETF (NASDAQ:MBB)

Vertex Planning Partners LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 661.1% in the 4th quarter, Holdings Channel reports. The firm owned 79,882 shares of the company’s stock after acquiring an additional 69,387 shares during the period. iShares MBS ETF comprises 1.6% of Vertex Planning Partners LLC’s investment portfolio, making the stock its 16th largest holding. Vertex Planning Partners LLC’s holdings in iShares MBS ETF were worth $7,324,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MBB. Hobbs Group Advisors LLC increased its stake in iShares MBS ETF by 115.5% in the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after acquiring an additional 149 shares during the last quarter. Truvestments Capital LLC bought a new position in shares of iShares MBS ETF during the 4th quarter valued at about $36,000. Key Financial Inc raised its holdings in shares of iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock valued at $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management bought a new stake in iShares MBS ETF in the 4th quarter worth approximately $58,000. Finally, CENTRAL TRUST Co lifted its position in iShares MBS ETF by 41.4% in the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after buying an additional 189 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

Shares of NASDAQ MBB opened at $93.02 on Friday. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76. The firm’s 50 day simple moving average is $92.70 and its two-hundred day simple moving average is $93.14.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given 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).