Tempus Wealth Planning LLC Makes New $1.17 Million Investment in iShares MBS ETF $MBB

Tempus Wealth Planning LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, Holdings Channel reports. The institutional investor bought 13,060 shares of the company’s stock, valued at approximately $1,170,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Montgomery Financial Services LLC acquired a new position in iShares MBS ETF in the 2nd quarter worth about $27,000. Brown Lisle Cummings Inc. acquired a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $28,000. Field & Main Bank acquired a new stake in shares of iShares MBS ETF during the 2nd quarter valued at about $30,000. First Community Trust NA acquired a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $32,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $34,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.0%

Shares of NASDAQ MBB traded up $0.03 during trading hours on Wednesday, hitting $90.00. The stock had a trading volume of 19,694,941 shares, compared to its average volume of 3,209,364. The firm’s 50-day moving average price is $91.69 and its two-hundred day moving average price is $93.37. iShares MBS ETF has a 52 week low of $88.58 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.3662 dividend. This represents a $4.39 dividend on an annualized basis and a yield of 4.9%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 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).