Cambridge Investment Research Advisors Inc. Has $38.89 Million Stake in iShares MBS ETF $MBB

Cambridge Investment Research Advisors Inc. increased its position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 408,459 shares of the company’s stock after buying an additional 25,035 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares MBS ETF were worth $38,893,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sculati Wealth Management LLC boosted its position in iShares MBS ETF by 15.8% during the fourth quarter. Sculati Wealth Management LLC now owns 8,298 shares of the company’s stock worth $790,000 after purchasing an additional 1,131 shares during the period. Vertex Investment Solutions Co. Ltd. bought a new position in iShares MBS ETF during the fourth quarter worth $535,000. PAX Financial Group LLC boosted its position in iShares MBS ETF by 13.8% during the fourth quarter. PAX Financial Group LLC now owns 80,149 shares of the company’s stock worth $7,632,000 after purchasing an additional 9,722 shares during the period. Bedminster LLC bought a new position in iShares MBS ETF during the fourth quarter worth $736,000. Finally, Bessemer Group Inc. boosted its position in iShares MBS ETF by 6.9% during the fourth quarter. Bessemer Group Inc. now owns 1,498,803 shares of the company’s stock worth $142,716,000 after purchasing an additional 97,389 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB stock opened at $93.57 on Monday. The company has a fifty day moving average price of $94.90 and a two-hundred day moving average price of $95.33. iShares MBS ETF has a one year low of $91.19 and a one year high of $96.96.

iShares MBS ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, May 1st.

iShares MBS ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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