iShares MBS ETF $MBB Shares Newly Bought by ShoreHaven Wealth Partners LLC

ShoreHaven Wealth Partners LLC bought a new position in iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, HoldingsChannel.com reports. The fund bought 24,342 shares of the company’s stock, valued at approximately $2,182,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MBB. Global Financial Private Client LLC boosted its stake in shares of iShares MBS ETF by 3.8% in the 1st quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock valued at $279,000 after purchasing an additional 108 shares in the last quarter. Merkkuri Wealth Advisors LLC raised its position in iShares MBS ETF by 1.2% in the 1st quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after purchasing an additional 120 shares during the period. Signature Equity Partners LLC lifted its stake in iShares MBS ETF by 27.4% in the first quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after purchasing an additional 121 shares during the last quarter. Trinity Wealth Management LLC lifted its stake in iShares MBS ETF by 1.9% in the first quarter. Trinity Wealth Management LLC now owns 7,061 shares of the company’s stock worth $670,000 after purchasing an additional 132 shares during the last quarter. Finally, Bush Investment Group LLC boosted its position in iShares MBS ETF by 1.0% during the fourth quarter. Bush Investment Group LLC now owns 13,431 shares of the company’s stock valued at $1,279,000 after buying an additional 135 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $90.52 on Friday. The company has a 50-day simple moving average of $91.58 and a two-hundred day simple moving average of $93.32. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3662 per share. This represents a $4.39 annualized dividend and a yield of 4.9%. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388.

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).