NewEdge Advisors LLC Buys 51,204 Shares of iShares MBS ETF $MBB

NewEdge Advisors LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 6.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 817,242 shares of the company’s stock after buying an additional 51,204 shares during the period. NewEdge Advisors LLC owned 0.20% of iShares MBS ETF worth $77,597,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. LPL Financial LLC raised its position in shares of iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after acquiring an additional 1,104,895 shares in the last quarter. TIAA Trust National Association boosted its position in shares of iShares MBS ETF by 2.5% during the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after purchasing an additional 646,390 shares in the last quarter. Morgan Stanley boosted its position in shares of iShares MBS ETF by 4.1% during the fourth quarter. Morgan Stanley now owns 9,852,362 shares of the company’s stock valued at $938,142,000 after purchasing an additional 383,629 shares in the last quarter. Truist Financial Corp grew its stake in iShares MBS ETF by 8.7% in the fourth quarter. Truist Financial Corp now owns 3,937,384 shares of the company’s stock worth $374,918,000 after purchasing an additional 316,717 shares during the period. Finally, Renaissancere Holdings Ltd. grew its stake in iShares MBS ETF by 34.9% in the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after purchasing an additional 997,000 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.4%

MBB opened at $93.01 on Friday. The stock has a fifty day simple moving average of $93.92 and a two-hundred day simple moving average of $94.73. iShares MBS ETF has a 12-month low of $92.68 and a 12-month high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.3413 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from iShares MBS ETF’s previous dividend of $0.34.

iShares MBS ETF 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). 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).