NewEdge Advisors LLC Grows Stock Holdings in iShares MBS ETF $MBB

NewEdge Advisors LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB – Free Report) by 6.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 817,242 shares of the company’s stock after purchasing an additional 51,204 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares MBS ETF were worth $77,597,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ESL Trust Services LLC purchased a new position in iShares MBS ETF during the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. purchased a new stake in shares of iShares MBS ETF in the first quarter worth $28,000. First Community Trust NA purchased a new stake in shares of iShares MBS ETF in the first quarter worth $32,000. Nemes Rush Group LLC increased its holdings in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after acquiring an additional 206 shares in the last quarter. Finally, Wealth Watch Advisors INC bought a new position in shares of iShares MBS ETF during the third quarter valued at $35,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

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iShares MBS ETF Stock Down 0.4%

MBB opened at $93.01 on Friday. The stock has a 50-day moving average price of $93.92 and a 200-day moving average price of $94.73. iShares MBS ETF has a 1 year low of $92.68 and a 1 year high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.3413 per share. The ex-dividend date was Monday, August 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.34.

iShares MBS ETF Company Profile

(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).

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