Principal Securities Inc. Purchases 47,761 Shares of iShares MBS ETF $MBB

Principal Securities Inc. lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 20.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 279,584 shares of the company’s stock after purchasing an additional 47,761 shares during the period. Principal Securities Inc.’s holdings in iShares MBS ETF were worth $26,622,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MBB. Mosley Wealth Management bought a new position in shares of iShares MBS ETF during the fourth quarter valued at approximately $3,260,000. RKL Wealth Management LLC raised its stake in iShares MBS ETF by 1.9% during the 4th quarter. RKL Wealth Management LLC now owns 205,274 shares of the company’s stock valued at $19,546,000 after buying an additional 3,915 shares during the last quarter. Kovack Advisors Inc. bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at about $458,000. Absolute Capital Management LLC grew its position in shares of iShares MBS ETF by 11.7% during the 4th quarter. Absolute Capital Management LLC now owns 7,584 shares of the company’s stock valued at $722,000 after acquiring an additional 797 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. grew its position in shares of iShares MBS ETF by 3.0% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 453,542 shares of the company’s stock valued at $43,186,000 after acquiring an additional 13,154 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.6%

Shares of NASDAQ:MBB opened at $94.52 on Friday. The stock has a 50 day moving average of $94.57 and a 200 day moving average of $95.16. iShares MBS ETF has a 12-month low of $92.38 and a 12-month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3334 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

iShares MBS ETF Company 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). 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).