High Net Worth Advisory Group LLC Takes Position in iShares MBS ETF $MBB

High Net Worth Advisory Group LLC purchased a new stake in iShares MBS ETF (NASDAQ:MBB – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,000 shares of the company’s stock, valued at approximately $539,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in iShares MBS ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after acquiring an additional 1,104,895 shares during the period. TIAA Trust National Association increased its holdings in shares of iShares MBS ETF by 2.5% in the 4th 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 lifted its stake in shares of iShares MBS ETF by 4.1% in 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 during the period. Renaissancere Holdings Ltd. lifted its stake in shares of iShares MBS ETF by 34.9% in the third quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock valued at $366,559,000 after purchasing an additional 997,000 shares during the period. Finally, Stifel Financial Corp boosted its holdings in iShares MBS ETF by 3.9% during the fourth quarter. Stifel Financial Corp now owns 3,699,321 shares of the company’s stock worth $352,249,000 after buying an additional 139,861 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

Get iShares MBS ETF alerts:

iShares MBS ETF Stock Performance

Shares of MBB opened at $92.66 on Friday. The firm’s 50-day moving average is $93.45 and its two-hundred day moving average is $94.39. iShares MBS ETF has a twelve month low of $92.28 and a twelve month high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.3388 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

About iShares MBS ETF

(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).

See Also

• Five stocks we like better than iShares MBS ETF
• The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
• NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
• Dropping the Dough: Yum! Brands Strategically Trims the Fat
• These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern

Receive News & Ratings for iShares MBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.