Intrua Financial LLC bought a new position in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 39,235 shares of the company’s stock, valued at approximately $3,516,000.
Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of iShares MBS ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after acquiring an additional 2,006,656 shares in the last quarter. Ferguson Wellman Capital Management Inc. acquired a new stake in iShares MBS ETF in the 3rd quarter worth approximately $153,345,000. Asset Management One Co. Ltd. acquired a new stake in iShares MBS ETF in the 3rd quarter worth approximately $111,873,000. Midland Wealth Advisors LLC grew its position in iShares MBS ETF by 26.9% during the 3rd quarter. Midland Wealth Advisors LLC now owns 3,196,616 shares of the company’s stock worth $286,481,000 after purchasing an additional 677,722 shares during the last quarter. Finally, Rockland Trust Co. purchased a new stake in iShares MBS ETF during the 3rd quarter worth approximately $59,468,000. 91.70% of the stock is owned by institutional investors and hedge funds.
iShares MBS ETF Stock Up 0.4%
NASDAQ MBB opened at $92.05 on Friday. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The company has a fifty day simple moving average of $91.20 and a two-hundred day simple moving average of $93.79.
iShares MBS ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3662 dividend. This represents a $4.39 annualized dividend and a yield of 4.8%. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388.
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). 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).
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