NorthRock Partners LLC Grows Stock Position in iShares MBS ETF (NASDAQ:MBB)

NorthRock Partners LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 338.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,043 shares of the company’s stock after purchasing an additional 11,614 shares during the quarter. NorthRock Partners LLC’s holdings in iShares MBS ETF were worth $1,379,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC purchased a new position in iShares MBS ETF in the fourth quarter worth $36,000. Key Financial Inc raised its position in iShares MBS ETF by 4,220.0% in the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after acquiring an additional 422 shares in the last quarter. Activest Wealth Management purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at $58,000. CENTRAL TRUST Co increased its position in shares of iShares MBS ETF by 41.4% in the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after buying an additional 189 shares in the last quarter. Finally, Tucker Asset Management LLC increased its position in shares of iShares MBS ETF by 74.5% in the fourth quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock valued at $61,000 after buying an additional 286 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $91.66 on Thursday. iShares MBS ETF has a fifty-two week low of $90.03 and a fifty-two week high of $96.76. The business has a fifty day simple moving average of $92.96 and a 200-day simple moving average of $92.58.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a $0.3255 dividend. The ex-dividend date was Thursday, May 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.26%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.31.

iShares MBS ETF Company 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).