Keebeck Wealth Management Boosts Stake in iShares MBS ETF $MBB

Keebeck Wealth Management increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 340.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 73,320 shares of the company’s stock after purchasing an additional 56,679 shares during the quarter. Keebeck Wealth Management’s holdings in iShares MBS ETF were worth $6,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares MBS ETF Price Performance

MBB opened at $92.88 on Friday. The firm has a 50 day moving average price of $94.06 and a 200-day moving average price of $94.90. iShares MBS ETF has a twelve month low of $92.43 and a twelve month high of $96.96.

iShares MBS ETF Dividend Announcement

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

iShares MBS ETF 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). 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).