NewEdge Advisors LLC Has $93.04 Million Stock Position in iShares MBS ETF $MBB

NewEdge Advisors LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 20.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 984,369 shares of the company’s stock after purchasing an additional 167,127 shares during the period. NewEdge Advisors LLC owned 0.23% of iShares MBS ETF worth $93,043,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MBB. Global Financial Private Client LLC grew its stake in shares of iShares MBS ETF by 3.8% in the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock valued at $279,000 after buying an additional 108 shares in the last quarter. RFG Advisory LLC raised its position in iShares MBS ETF by 3.0% during the fourth quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock worth $380,000 after acquiring an additional 116 shares in the last quarter. Alteri Wealth LLC raised its position in iShares MBS ETF by 0.6% during the fourth quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after acquiring an additional 118 shares in the last quarter. Merkkuri Wealth Advisors LLC lifted its stake in iShares MBS ETF by 1.2% in the first quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock valued at $944,000 after acquiring an additional 120 shares during the last quarter. Finally, Signature Equity Partners LLC lifted its stake in iShares MBS ETF by 27.4% in the first quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock valued at $53,000 after acquiring an additional 121 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $92.53 on Wednesday. The firm has a 50-day moving average of $93.32 and a 200-day moving average of $94.31. iShares MBS ETF has a one year low of $92.28 and a one year high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.3388 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, September 1st.

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).

Further Reading

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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