Captrust Financial Advisors Purchases 8,035 Shares of iShares MBS ETF (NASDAQ:MBB)

Captrust Financial Advisors boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 16.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,864 shares of the company’s stock after acquiring an additional 8,035 shares during the period. Captrust Financial Advisors’ holdings in iShares MBS ETF were worth $5,305,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cary Street Partners Financial LLC bought a new stake in iShares MBS ETF in the 4th quarter valued at $7,990,000. Chapman Financial Group LLC bought a new stake in shares of iShares MBS ETF in the fourth quarter valued at about $718,000. Baird Financial Group Inc. boosted its position in shares of iShares MBS ETF by 162.1% during the fourth quarter. Baird Financial Group Inc. now owns 253,102 shares of the company’s stock worth $23,204,000 after buying an additional 156,546 shares during the period. Baker Avenue Asset Management LP grew its holdings in shares of iShares MBS ETF by 3.8% during the fourth quarter. Baker Avenue Asset Management LP now owns 129,958 shares of the company’s stock worth $11,915,000 after buying an additional 4,744 shares in the last quarter. Finally, Beaumont Capital Management LLC raised its position in iShares MBS ETF by 29.0% in the 4th quarter. Beaumont Capital Management LLC now owns 3,081 shares of the company’s stock valued at $282,000 after buying an additional 692 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $92.68 on Friday. iShares MBS ETF has a 52 week low of $90.03 and a 52 week high of $96.76. The stock’s 50 day moving average price is $93.03 and its two-hundred day moving average price is $92.61.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a dividend of $0.3255 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $3.91 annualized dividend and a yield of 4.21%.

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).