14,840 Shares in iShares MBS ETF (NASDAQ:MBB) Acquired by Investor s Fiduciary Advisor Network LLC

Investor s Fiduciary Advisor Network LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 14,840 shares of the company’s stock, valued at approximately $1,360,000.

Several other hedge funds also recently modified their holdings of the company. Truvestments Capital LLC acquired a new position in iShares MBS ETF in the fourth quarter worth approximately $36,000. Key Financial Inc increased its stake in iShares MBS ETF by 4,220.0% in the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after purchasing an additional 422 shares in the last quarter. Activest Wealth Management acquired a new stake in iShares MBS ETF during the 4th quarter worth about $58,000. CENTRAL TRUST Co lifted its stake in iShares MBS ETF by 41.4% during 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 boosted its holdings 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 worth $61,000 after buying an additional 286 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $92.68 on Friday. The company’s 50 day simple moving average is $93.03 and its 200-day simple moving average is $92.60. iShares MBS ETF has a 52-week low of $90.03 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

The business 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. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Thursday, May 1st.

iShares MBS ETF 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).