Principal Financial Group Inc. Invests $289,000 in iShares MBS ETF (NASDAQ:MBB)

Principal Financial Group Inc. bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,021 shares of the company’s stock, valued at approximately $289,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Strategic Blueprint LLC raised its holdings in iShares MBS ETF by 0.6% in the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after purchasing an additional 116 shares in the last quarter. Cypress Wealth Services LLC increased its position in shares of iShares MBS ETF by 0.3% during the third quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after buying an additional 120 shares during the period. Savvy Advisors Inc. raised its stake in iShares MBS ETF by 4.3% in the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares in the last quarter. Delos Wealth Advisors LLC raised its stake in iShares MBS ETF by 4.3% in the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after buying an additional 121 shares in the last quarter. Finally, Lodestar Private Asset Management LLC lifted its holdings in iShares MBS ETF by 0.6% in the third quarter. Lodestar Private Asset Management LLC now owns 20,693 shares of the company’s stock worth $1,983,000 after buying an additional 131 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

MBB stock opened at $91.38 on Tuesday. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The business’s 50 day moving average price is $92.54 and its two-hundred day moving average price is $93.66.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

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).