Naples Global Advisors LLC Purchases 6,753 Shares of iShares MBS ETF $MBB

Naples Global Advisors LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 32.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,851 shares of the company’s stock after purchasing an additional 6,753 shares during the quarter. Naples Global Advisors LLC’s holdings in iShares MBS ETF were worth $2,650,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Security Financial Services INC. lifted its holdings in shares of iShares MBS ETF by 5.9% during the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after purchasing an additional 6,789 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of iShares MBS ETF by 9.2% during the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after acquiring an additional 614 shares during the period. Ironwood Investment Counsel LLC bought a new stake in iShares MBS ETF in the 2nd quarter valued at $206,000. Dynasty Wealth Management LLC boosted its stake in iShares MBS ETF by 10.8% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after purchasing an additional 160,926 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in iShares MBS ETF in the 2nd quarter worth $18,788,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB opened at $95.36 on Friday. The business’s 50-day moving average price is $95.35 and its two-hundred day moving average price is $94.79. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.334 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%.

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).