iShares MBS ETF $MBB Stake Boosted by United Advisor Group LLC

United Advisor Group LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 229.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,096 shares of the company’s stock after purchasing an additional 4,940 shares during the quarter. United Advisor Group LLC’s holdings in iShares MBS ETF were worth $666,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at about $273,000. J.W. Cole Advisors Inc. boosted its stake in iShares MBS ETF by 173.4% in the first quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock valued at $1,137,000 after acquiring an additional 7,687 shares during the period. Allianz Asset Management GmbH grew its holdings in shares of iShares MBS ETF by 23.4% during the first quarter. Allianz Asset Management GmbH now owns 572,009 shares of the company’s stock valued at $53,643,000 after purchasing an additional 108,309 shares during the last quarter. Proficio Capital Partners LLC raised its position in shares of iShares MBS ETF by 8.9% during the 1st quarter. Proficio Capital Partners LLC now owns 92,519 shares of the company’s stock worth $8,623,000 after purchasing an additional 7,555 shares during the period. Finally, Quadrant Private Wealth Management LLC raised its position in shares of iShares MBS ETF by 9.9% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 24,024 shares of the company’s stock worth $2,253,000 after purchasing an additional 2,171 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $95.06 on Wednesday. The business has a 50 day simple moving average of $95.40 and a 200 day simple moving average of $93.89. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a dividend of $0.342 per share. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, November 3rd.

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).