iShares MBS ETF (NASDAQ:MBB) Shares Purchased by NorthRock Partners LLC

NorthRock Partners LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 338.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,043 shares of the company’s stock after purchasing an additional 11,614 shares during the quarter. NorthRock Partners LLC’s holdings in iShares MBS ETF were worth $1,379,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. JPMorgan Chase & Co. boosted its holdings in shares of iShares MBS ETF by 18.9% in the third quarter. JPMorgan Chase & Co. now owns 34,664,743 shares of the company’s stock valued at $3,321,229,000 after acquiring an additional 5,521,374 shares during the period. BCS Wealth Management acquired a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $314,000. Ignite Planners LLC boosted its holdings in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after acquiring an additional 115 shares during the period. Sovereign Financial Group Inc. boosted its holdings in shares of iShares MBS ETF by 23.0% in the fourth quarter. Sovereign Financial Group Inc. now owns 10,111 shares of the company’s stock valued at $927,000 after acquiring an additional 1,894 shares during the period. Finally, Accurate Wealth Management LLC boosted its holdings in shares of iShares MBS ETF by 6.5% in the fourth quarter. Accurate Wealth Management LLC now owns 4,060 shares of the company’s stock valued at $368,000 after acquiring an additional 249 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB stock opened at $91.66 on Thursday. iShares MBS ETF has a twelve month low of $90.03 and a twelve month high of $96.76. The business has a 50 day simple moving average of $92.96 and a 200-day simple moving average of $92.58.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a $0.3255 dividend. 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%. The ex-dividend date of this dividend was Thursday, May 1st.

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).