Austin Private Wealth LLC Raises Stake in iShares MBS ETF (NASDAQ:MBB)

Austin Private Wealth LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 7.1% during the fourth quarter, HoldingsChannel reports. The firm owned 125,418 shares of the company’s stock after purchasing an additional 8,317 shares during the period. iShares MBS ETF accounts for about 1.5% of Austin Private Wealth LLC’s holdings, making the stock its 19th largest position. Austin Private Wealth LLC’s holdings in iShares MBS ETF were worth $11,799,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Buttonwood Financial Group LLC increased its position in shares of iShares MBS ETF by 0.9% during the fourth quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock worth $2,842,000 after acquiring an additional 269 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares MBS ETF by 7.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 499,054 shares of the company’s stock worth $44,355,000 after purchasing an additional 36,319 shares during the period. Charles Schwab Investment Management Inc. raised its position in iShares MBS ETF by 638.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 100,683 shares of the company’s stock valued at $8,941,000 after purchasing an additional 87,044 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of iShares MBS ETF by 7.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,837,989 shares of the company’s stock worth $264,559,000 after buying an additional 185,200 shares during the period. Finally, Rehmann Capital Advisory Group grew its position in shares of iShares MBS ETF by 14.9% during the 2nd quarter. Rehmann Capital Advisory Group now owns 119,313 shares of the company’s stock worth $11,128,000 after buying an additional 15,504 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.42 on Friday. The business has a 50-day moving average price of $92.29 and a 200 day moving average price of $91.00. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $96.07.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were given a dividend of $0.2921 per share. This represents a $3.50 annualized dividend and a dividend yield of 3.79%. The ex-dividend date of this dividend was Friday, March 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).