Financial firms, including Modern Wealth and TIAA Trust, increased their holdings in the iShares MBS ETF.

Several financial firms increased their holdings in the iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, including Modern Wealth Management LLC, which acquired 114,295 shares, and TIAA Trust National Association, which added 524,695 shares. The ETF aims to track the Barclays Capital U.S. MBS Index, composed of investment-grade mortgage-backed securities issued by GNMA. The ETF's price ranges between $89.16 and $96.76 over the last year, currently trading at $93.07.