U.S. Capital Wealth Advisors LLC Acquires 1,720 Shares of iShares MBS ETF $MBB

U.S. Capital Wealth Advisors LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 30.0% during the second quarter, Holdings Channel.com reports. The fund owned 7,444 shares of the company’s stock after buying an additional 1,720 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $699,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Tompkins Financial Corp increased its stake in iShares MBS ETF by 51.7% in the 1st quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock worth $30,000 after acquiring an additional 109 shares during the last quarter. Curat Global LLC bought a new position in shares of iShares MBS ETF during the 1st quarter valued at about $30,000. IMG Wealth Management Inc. bought a new position in shares of iShares MBS ETF during the 1st quarter valued at about $30,000. Headlands Technologies LLC bought a new position in shares of iShares MBS ETF during the 1st quarter valued at about $31,000. Finally, Flaharty Asset Management LLC bought a new position in shares of iShares MBS ETF during the 1st quarter valued at about $34,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.2%

Shares of iShares MBS ETF stock opened at $94.97 on Friday. The business’s 50-day moving average price is $94.12 and its 200-day moving average price is $93.25. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.24.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.3383 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%.

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).