1,462,193 Shares in iShares MBS ETF $MBB Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 1,462,193 shares of the company’s stock, valued at approximately $138,835,000. iShares MBS ETF accounts for about 1.9% of Ferguson Wellman Capital Management Inc.’s portfolio, making the stock its 13th largest holding.

Other institutional investors have also recently bought and sold shares of the company. ESL Trust Services LLC bought a new position in iShares MBS ETF during the fourth quarter valued at about $28,000. Brown Lisle Cummings Inc. bought a new stake in iShares MBS ETF in the first quarter worth about $28,000. First Community Trust NA purchased a new position in iShares MBS ETF in the first quarter valued at about $32,000. Nemes Rush Group LLC grew its position in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares during the period. Finally, Wealth Watch Advisors INC bought a new position in shares of iShares MBS ETF during the 3rd quarter valued at approximately $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1%

Shares of MBB stock traded down $0.10 during trading hours on Friday, hitting $93.72. 1,694,893 shares of the company were exchanged, compared to its average volume of 2,569,762. The firm has a fifty day simple moving average of $94.26 and a 200 day simple moving average of $95.02. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.3373 dividend. The ex-dividend date of this dividend was Wednesday, July 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).