iShares MBS ETF $MBB Shares Newly Purchased by Investment Partners LTD.

Investment Partners LTD. purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to its most recent filing with the SEC. The firm purchased 47,764 shares of the company’s stock, valued at approximately $4,281,000.

Several other institutional investors have also modified their holdings of the company. Montgomery Financial Services LLC acquired a new position in iShares MBS ETF during the second quarter worth $27,000. Field & Main Bank purchased a new stake in iShares MBS ETF during the second quarter worth $30,000. Beaird Harris Wealth Management LLC acquired a new stake in iShares MBS ETF in the second quarter valued at $34,000. Laurel Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF in the third quarter valued at $36,000. Finally, Signaturefd LLC purchased a new position in shares of iShares MBS ETF in the third quarter valued at $36,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4%

NASDAQ:MBB opened at $92.05 on Friday. iShares MBS ETF has a 52-week low of $88.58 and a 52-week high of $96.96. The stock has a fifty day simple moving average of $91.20 and a 200-day simple moving average of $93.79.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.3662 per share. The ex-dividend date was Thursday, October 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a yield of 4.8%.

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).