Vestmark Advisory Solutions Inc. Has $4.63 Million Position in iShares MBS ETF $MBB

Vestmark Advisory Solutions Inc. grew its stake in iShares MBS ETF (NASDAQ:MBB) by 22.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 48,683 shares of the company’s stock after buying an additional 8,915 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in iShares MBS ETF were worth $4,632,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. OneDigital Investment Advisors LLC boosted its holdings in iShares MBS ETF by 2.6% in the third quarter. OneDigital Investment Advisors LLC now owns 1,583,829 shares of the company’s stock valued at $150,701,000 after acquiring an additional 39,920 shares during the last quarter. Dearborn Partners LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $539,000. Advyzon Investment Management LLC acquired a new position in shares of iShares MBS ETF in the 3rd quarter worth approximately $208,000. Citigroup Inc. boosted its stake in shares of iShares MBS ETF by 6.6% in the 3rd quarter. Citigroup Inc. now owns 25,303 shares of the company’s stock valued at $2,408,000 after purchasing an additional 1,560 shares during the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at $4,670,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $96.56 on Tuesday. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.65. The firm has a fifty day simple moving average of $95.60 and a 200 day simple moving average of $95.24.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.3347 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, February 2nd. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

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).