20,871 Shares of iShares MBS ETF $MBB Acquired by Swmg LLC

Swmg LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, Holdings Channel reports. The fund acquired 20,871 shares of the company’s stock, valued at approximately $1,907,000. iShares MBS ETF comprises about 0.4% of Swmg LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Field & Main Bank bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $30,000. Montgomery Financial Services LLC purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth approximately $27,000. Beaird Harris Wealth Management LLC bought a new position in shares of iShares MBS ETF during the 2nd quarter valued at approximately $34,000. Investors Research Corp increased its position in shares of iShares MBS ETF by 1,587.0% during the 2nd quarter. Investors Research Corp now owns 388 shares of the company’s stock valued at $37,000 after purchasing an additional 365 shares during the last quarter. Finally, Beacon Financial Strategies CORP bought a new position in shares of iShares MBS ETF during the 2nd quarter valued at approximately $38,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $91.29 on Monday. The stock’s fifty day moving average is $91.35 and its 200 day moving average is $93.17. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3662 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 annualized dividend and a yield of 4.8%.

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). 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).