Legacy Edge Advisors LLC Purchases New Shares in iShares MBS ETF $MBB

Legacy Edge Advisors LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 17,716 shares of the company’s stock, valued at approximately $1,687,000.

A number of other institutional investors have also recently bought and sold shares of the business. Benjamin Edwards Inc. boosted its position in iShares MBS ETF by 0.4% during the 4th quarter. Benjamin Edwards Inc. now owns 77,169 shares of the company’s stock worth $7,348,000 after acquiring an additional 310 shares during the period. Ashton Thomas Securities LLC lifted its holdings in shares of iShares MBS ETF by 1.3% during the 4th quarter. Ashton Thomas Securities LLC now owns 35,156 shares of the company’s stock valued at $3,340,000 after buying an additional 459 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of iShares MBS ETF by 12.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 29,866 shares of the company’s stock valued at $2,858,000 after acquiring an additional 3,389 shares in the last quarter. Composition Wealth LLC raised its stake in shares of iShares MBS ETF by 0.8% in the 4th quarter. Composition Wealth LLC now owns 1,796,051 shares of the company’s stock valued at $171,020,000 after acquiring an additional 13,865 shares in the last quarter. Finally, Manhattan West Asset Management LLC raised its stake in shares of iShares MBS ETF by 31.7% in the 4th quarter. Manhattan West Asset Management LLC now owns 195,620 shares of the company’s stock valued at $18,627,000 after acquiring an additional 47,036 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.50 on Friday. The stock’s 50 day simple moving average is $95.26 and its 200 day simple moving average is $95.43. iShares MBS ETF has a twelve month low of $91.19 and a twelve month high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be given a $0.3346 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, May 1st.

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).