Focus Partners Wealth Acquires Shares of 53,266 iShares MBS ETF (NASDAQ:MBB)

Focus Partners Wealth acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 53,266 shares of the company’s stock, valued at approximately $4,890,000.

Several other institutional investors have also added to or reduced their stakes in MBB. Truvestments Capital LLC acquired a new position in iShares MBS ETF during the fourth quarter valued at approximately $36,000. Key Financial Inc increased its holdings in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares in the last quarter. Activest Wealth Management acquired a new position in shares of iShares MBS ETF during the fourth quarter worth $58,000. CENTRAL TRUST Co increased its holdings in shares of iShares MBS ETF by 41.4% during the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after buying an additional 189 shares in the last quarter. Finally, Tucker Asset Management LLC increased its holdings in shares of iShares MBS ETF by 74.5% during the fourth quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock worth $61,000 after buying an additional 286 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.4%

Shares of NASDAQ:MBB opened at $91.66 on Thursday. The company has a fifty day moving average of $92.96 and a 200-day moving average of $92.58. iShares MBS ETF has a 52-week low of $90.03 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a dividend of $0.3255 per share. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.31. This represents a $3.91 annualized dividend and a dividend yield of 4.26%.

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).