17,553 iShares MBS ETF $MBB Shares Bought by Kestra Investment Management LLC

Kestra Investment Management LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 4.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 413,036 shares of the company’s stock after acquiring an additional 17,553 shares during the period. Kestra Investment Management LLC owned about 0.11% of iShares MBS ETF worth $37,016,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares MBS ETF by 6.9% during the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after purchasing an additional 2,006,656 shares during the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in shares of iShares MBS ETF in the 3rd quarter worth about $153,345,000. Asset Management One Co. Ltd. bought a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $111,873,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $75,219,000. Finally, Nottingham Advisors Inc. bought a new position in shares of iShares MBS ETF during the 3rd quarter valued at about $70,427,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $92.08 on Tuesday. iShares MBS ETF has a 1-year low of $88.58 and a 1-year high of $96.96. The stock’s 50-day moving average is $91.02 and its 200 day moving average is $93.68.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.3471 per share. The ex-dividend date was Monday, November 2nd. This is a decrease from iShares MBS ETF’s previous monthly dividend of $0.3662. This represents a $4.17 dividend on an annualized basis and a yield of 4.5%.

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).