iShares MBS ETF $MBB Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.5% in the fourth quarter, Holdings Channel reports. The fund owned 1,348,803 shares of the company’s stock after purchasing an additional 45,432 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares MBS ETF were worth $128,433,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Lynx Investment Advisory lifted its position in iShares MBS ETF by 4.5% during the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock worth $245,000 after acquiring an additional 110 shares during the period. RFG Advisory LLC lifted its position in 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 acquiring an additional 116 shares during the period. Alteri Wealth LLC lifted its position in iShares MBS ETF by 0.6% during the 4th quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after acquiring an additional 118 shares during the period. Tompkins Financial Corp lifted its position in iShares MBS ETF by 15.1% during the 4th quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after acquiring an additional 120 shares during the period. Finally, Quest 10 Wealth Builders Inc. lifted its position in iShares MBS ETF by 28.2% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 568 shares of the company’s stock worth $54,000 after acquiring an additional 125 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.0%

iShares MBS ETF stock opened at $93.91 on Thursday. iShares MBS ETF has a twelve month low of $92.36 and a twelve month high of $96.96. The stock has a 50 day moving average of $94.58 and a two-hundred day moving average of $95.17.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3334 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, June 1st.

About iShares MBS ETF

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).