iShares MBS ETF $MBB Shares Newly Acquired by Strategy Asset Managers LLC

Strategy Asset Managers LLC bought a new position in iShares MBS ETF (NASDAQ:MBB) in the third quarter, Holdings Channel.com reports. The institutional investor bought 16,903 shares of the company’s stock, valued at approximately $1,515,000.

Other hedge funds have also modified their holdings of the company. Montgomery Financial Services LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $27,000. Brown Lisle Cummings Inc. purchased a new position in shares of iShares MBS ETF in the 1st quarter worth approximately $28,000. Field & Main Bank purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth approximately $30,000. First Community Trust NA purchased a new position in shares of iShares MBS ETF in the 1st quarter worth approximately $32,000. Finally, Beaird Harris Wealth Management LLC bought a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $34,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.0%

NASDAQ MBB opened at $90.00 on Thursday. The company has a 50 day moving average price of $91.69 and a 200 day moving average price of $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 company 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 annualized dividend and a yield of 4.9%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. The ex-dividend date was Thursday, October 1st.

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).