Gateway Wealth Partners LLC Grows Position in iShares MBS ETF $MBB

Gateway Wealth Partners LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 285.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96,332 shares of the company’s stock after acquiring an additional 71,350 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares MBS ETF were worth $9,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Ferguson Wellman Capital Management Inc. bought a new stake in iShares MBS ETF in the first quarter worth $138,835,000. Bank of Montreal Can lifted its stake in shares of iShares MBS ETF by 102.6% in the 4th quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock valued at $274,569,000 after purchasing an additional 1,460,545 shares during the last quarter. LPL Financial LLC lifted its position in iShares MBS ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after buying an additional 1,104,895 shares during the last quarter. Renaissancere Holdings Ltd. lifted its holdings in shares of iShares MBS ETF by 34.9% in the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after acquiring an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in iShares MBS ETF by 1,599.6% during the 4th quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock valued at $81,050,000 after purchasing an additional 801,103 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $93.11 on Monday. iShares MBS ETF has a 1-year low of $92.43 and a 1-year high of $96.96. The company’s 50-day moving average is $94.05 and its 200 day moving average is $94.88.

iShares MBS ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).