Modera Wealth Management LLC Raises Holdings in iShares MBS ETF $MBB

Modera Wealth Management LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 293,530 shares of the company’s stock after buying an additional 5,650 shares during the period. Modera Wealth Management LLC owned about 0.07% of iShares MBS ETF worth $27,950,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. FWG Investments LLC. raised its stake in shares of iShares MBS ETF by 4.0% during the 3rd quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock worth $272,000 after buying an additional 109 shares in the last quarter. Alesco Advisors LLC grew its holdings in shares of iShares MBS ETF by 0.8% in the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock worth $1,275,000 after acquiring an additional 110 shares during the period. Lynx Investment Advisory grew its holdings in shares of iShares MBS ETF by 4.5% in the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock worth $245,000 after acquiring an additional 110 shares during the period. OMNI 360 Wealth Inc. grew its holdings in shares of iShares MBS ETF by 2.3% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after acquiring an additional 113 shares during the period. Finally, Coordinated Financial Services Inc. grew its holdings in shares of iShares MBS ETF by 0.6% in the 3rd quarter. Coordinated Financial Services Inc. now owns 19,481 shares of the company’s stock worth $1,854,000 after acquiring an additional 118 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $94.66 on Tuesday. The stock’s 50 day simple moving average is $95.51 and its 200 day simple moving average is $95.43. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.3329 dividend. The ex-dividend date is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

iShares MBS ETF 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).