American Financial Advisors LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 39,952 shares of the company’s stock, valued at approximately $4,249,000. iShares MBS ETF makes up about 0.9% of American Financial Advisors LLC’s portfolio, making the stock its 29th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Fisher Asset Management LLC raised its position in iShares MBS ETF by 4.3% during the fourth quarter. Fisher Asset Management LLC now owns 5,172,101 shares of the company’s stock valued at $541,260,000 after acquiring an additional 214,734 shares in the last quarter. Morgan Stanley raised its position in iShares MBS ETF by 8.0% during the third quarter. Morgan Stanley now owns 2,238,905 shares of the company’s stock valued at $231,347,000 after acquiring an additional 166,178 shares in the last quarter. Suntrust Banks Inc. raised its position in iShares MBS ETF by 4.7% during the fourth quarter. Suntrust Banks Inc. now owns 1,246,128 shares of the company’s stock valued at $130,407,000 after acquiring an additional 56,311 shares in the last quarter. Barclays PLC raised its position in iShares MBS ETF by 3.3% during the fourth quarter. Barclays PLC now owns 1,117,094 shares of the company’s stock valued at $116,904,000 after acquiring an additional 35,470 shares in the last quarter. Finally, LPL Financial LLC raised its position in iShares MBS ETF by 4.5% during the fourth quarter. LPL Financial LLC now owns 1,108,715 shares of the company’s stock valued at $116,027,000 after acquiring an additional 47,802 shares in the last quarter.

MBB stock traded up $0.03 during midday trading on Tuesday, hitting $105.68. 39,305 shares of the company traded hands, compared to its average volume of 1,428,244. iShares MBS ETF has a twelve month low of $101.75 and a twelve month high of $106.63.

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2707 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 annualized dividend and a yield of 3.07%.

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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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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