Polaris Investment Advisors LLC Invests $1.83 Million in iShares MBS ETF $MBB

Polaris Investment Advisors LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 19,171 shares of the company’s stock, valued at approximately $1,825,000. iShares MBS ETF comprises approximately 1.3% of Polaris Investment Advisors LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other institutional investors have also made changes to their positions in the business. Cassilly Financial Group LLC acquired a new position in iShares MBS ETF during the fourth quarter worth $2,538,000. Columbus Macro LLC increased its stake in iShares MBS ETF by 6.6% in the 4th quarter. Columbus Macro LLC now owns 62,745 shares of the company’s stock valued at $5,975,000 after buying an additional 3,898 shares during the last quarter. Ocean Park Asset Management LLC lifted its position in iShares MBS ETF by 1.9% during the 4th quarter. Ocean Park Asset Management LLC now owns 424,335 shares of the company’s stock worth $40,405,000 after buying an additional 7,872 shares in the last quarter. Centennial Wealth Advisory LLC lifted its position in iShares MBS ETF by 4.4% during the 4th quarter. Centennial Wealth Advisory LLC now owns 33,418 shares of the company’s stock worth $3,182,000 after buying an additional 1,409 shares in the last quarter. Finally, Centurion Wealth Management LLC boosted its stake in shares of iShares MBS ETF by 3.5% during the 4th quarter. Centurion Wealth Management LLC now owns 34,322 shares of the company’s stock worth $3,268,000 after buying an additional 1,171 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.72 on Tuesday. The business has a 50-day moving average of $95.58 and a 200-day moving average of $95.45. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3278 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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).