Northside Capital Management LLC Buys 34,515 Shares of iShares MBS ETF $MBB

Northside Capital Management LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 13.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 292,359 shares of the company’s stock after acquiring an additional 34,515 shares during the period. iShares MBS ETF comprises about 2.4% of Northside Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Northside Capital Management LLC’s holdings in iShares MBS ETF were worth $27,838,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Delos Wealth Advisors LLC bought a new position in shares of iShares MBS ETF during the second quarter worth about $26,000. Howe & Rusling Inc. boosted its holdings in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after acquiring an additional 184 shares during the last quarter. Westfuller Advisors LLC bought a new stake in iShares MBS ETF in the third quarter valued at approximately $33,000. Aventura Private Wealth LLC bought a new stake in iShares MBS ETF in the fourth quarter valued at approximately $35,000. Finally, Wealth Watch Advisors INC acquired a new stake in iShares MBS ETF during the 3rd quarter valued at approximately $35,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.15 on Friday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.96. The firm has a 50 day moving average price of $95.73 and a two-hundred day moving average price of $95.47.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.3278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).