Captrust Financial Advisors Buys 8,035 Shares of iShares MBS ETF (NASDAQ:MBB)

Captrust Financial Advisors grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 16.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 57,864 shares of the company’s stock after acquiring an additional 8,035 shares during the quarter. Captrust Financial Advisors’ holdings in iShares MBS ETF were worth $5,305,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Truvestments Capital LLC bought a new stake in shares of iShares MBS ETF during the 4th quarter worth $36,000. Key Financial Inc lifted its holdings in shares of 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 during the last quarter. Activest Wealth Management acquired a new stake in shares of iShares MBS ETF in the 4th quarter valued at approximately $58,000. CENTRAL TRUST Co grew its holdings in shares of iShares MBS ETF by 41.4% during the 4th quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock valued at $59,000 after purchasing an additional 189 shares during the last quarter. Finally, Tucker Asset Management LLC increased its position in iShares MBS ETF by 74.5% during the 4th quarter. Tucker Asset Management LLC now owns 670 shares of the company’s stock worth $61,000 after purchasing an additional 286 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.68 on Friday. The firm has a 50 day simple moving average of $93.03 and a 200 day simple moving average of $92.61. iShares MBS ETF has a one year low of $90.03 and a one year high of $96.76.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a dividend of $0.3255 per share. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $3.91 annualized dividend and a dividend yield of 4.21%.

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).