FWG Investments LLC. Invests $258,000 in iShares MBS ETF $MBB

FWG Investments LLC. purchased a new position in iShares MBS ETF (NASDAQ:MBB) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,749 shares of the company’s stock, valued at approximately $258,000.

Other large investors have also bought and sold shares of the company. LRI Investments LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter valued at $30,000. Headlands Technologies LLC purchased a new stake in iShares MBS ETF in the 1st quarter worth about $31,000. Flaharty Asset Management LLC bought a new stake in iShares MBS ETF in the 1st quarter valued at about $34,000. MassMutual Private Wealth & Trust FSB boosted its position in iShares MBS ETF by 317.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares during the period. Finally, McIlrath & Eck LLC boosted its position in iShares MBS ETF by 128.5% during the first quarter. McIlrath & Eck LLC now owns 409 shares of the company’s stock worth $38,000 after purchasing an additional 230 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $95.50 on Friday. The company’s 50 day moving average is $95.16 and its 200-day moving average is $93.66. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.3363 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 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).