NewEdge Advisors LLC Acquires 167,127 Shares of iShares MBS ETF $MBB

NewEdge Advisors LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 20.5% during the second quarter, Holdings Channel reports. The fund owned 984,369 shares of the company’s stock after acquiring an additional 167,127 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares MBS ETF were worth $93,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in MBB. Brighton Jones LLC bought a new position in shares of iShares MBS ETF in the fourth quarter valued at about $273,000. AQR Capital Management LLC boosted its holdings in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after buying an additional 1,034 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares during the period. Invesco Ltd. grew its stake in iShares MBS ETF by 2.5% in the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock valued at $1,075,000 after buying an additional 279 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in iShares MBS ETF in the 2nd quarter valued at about $240,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock opened at $92.53 on Wednesday. The company’s 50-day moving average price is $93.32 and its two-hundred day moving average price is $94.31. iShares MBS ETF has a twelve month low of $92.28 and a twelve month high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.3388 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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).