High Net Worth Advisory Group LLC Acquires New Holdings in iShares MBS ETF $MBB

High Net Worth Advisory Group LLC bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 2nd quarter, Holdings Channel.com reports. The fund bought 10,000 shares of the company’s stock, valued at approximately $539,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ESL Trust Services LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $28,000. Brown Lisle Cummings Inc. purchased a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $28,000. Field & Main Bank purchased a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $30,000. First Community Trust NA purchased a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $32,000. Finally, Nemes Rush Group LLC raised 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 worth $34,000 after purchasing an additional 206 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

MBB stock opened at $92.66 on Friday. The stock’s 50 day moving average price is $93.45 and its 200 day moving average price is $94.39. iShares MBS ETF has a 1 year low of $92.28 and a 1 year high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a $0.3388 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 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).