Magnus Financial Group LLC Invests $511,000 in iShares MBS ETF (NASDAQ:MBB)

Magnus Financial Group LLC bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,429 shares of the company’s stock, valued at approximately $511,000.

A number of other large investors also recently made changes to their positions in MBB. Buttonwood Financial Group LLC increased its stake in iShares MBS ETF by 0.9% during the 4th quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock worth $2,842,000 after acquiring an additional 269 shares during the period. Delphi Financial Group Inc. increased its stake in iShares MBS ETF by 23.5% during the 4th quarter. Delphi Financial Group Inc. now owns 20,500 shares of the company’s stock worth $1,929,000 after acquiring an additional 3,900 shares during the period. Advocacy Wealth Management Services LLC bought a new position in iShares MBS ETF during the 4th quarter worth $13,157,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares MBS ETF by 7.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 499,054 shares of the company’s stock valued at $44,355,000 after purchasing an additional 36,319 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of iShares MBS ETF by 638.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 100,683 shares of the company’s stock valued at $8,941,000 after purchasing an additional 87,044 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4 %

Shares of MBB opened at $89.80 on Monday. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $95.70. The business’s fifty day moving average is $91.43 and its 200-day moving average is $91.23.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2827 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.78%.

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).