Western Wealth Management LLC Has $2.52 Million Stock Holdings in iShares MBS ETF $MBB

Western Wealth Management LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 37.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,447 shares of the company’s stock after purchasing an additional 7,166 shares during the quarter. Western Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,518,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MBB. FWG Investments LLC. increased its holdings in iShares MBS ETF by 4.0% during the third quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock worth $272,000 after buying an additional 109 shares during the last quarter. Alesco Advisors LLC lifted its stake in iShares MBS ETF by 0.8% in the third quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock valued at $1,275,000 after acquiring an additional 110 shares during the last quarter. Lynx Investment Advisory grew its position in shares of iShares MBS ETF by 4.5% in the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock valued at $245,000 after acquiring an additional 110 shares during the period. RFG Advisory LLC increased its stake in shares of iShares MBS ETF by 3.0% during the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock worth $380,000 after purchasing an additional 116 shares during the last quarter. Finally, Coordinated Financial Services Inc. increased its stake in shares of iShares MBS ETF by 0.6% during the 3rd quarter. Coordinated Financial Services Inc. now owns 19,481 shares of the company’s stock worth $1,854,000 after purchasing an additional 118 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

Shares of MBB stock opened at $94.27 on Friday. iShares MBS ETF has a 52-week low of $91.19 and a 52-week high of $96.96. The firm’s 50-day moving average is $94.95 and its 200-day moving average is $95.35.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.3346 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.3%.

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).