W Advisors LLC Acquires 730 Shares of iShares MBS ETF (NASDAQ:MBB)

W Advisors LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 21.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,205 shares of the company’s stock after acquiring an additional 730 shares during the period. W Advisors LLC’s holdings in iShares MBS ETF were worth $396,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of iShares MBS ETF by 11.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after purchasing an additional 2,719,637 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares MBS ETF by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after buying an additional 1,158,175 shares in the last quarter. TIAA Trust National Association acquired a new stake in shares of iShares MBS ETF during the third quarter worth approximately $374,403,000. Bank of New York Mellon Corp raised its stake in shares of iShares MBS ETF by 87.6% in the third quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock valued at $321,118,000 after acquiring an additional 1,688,344 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of iShares MBS ETF by 12.6% in the 3rd quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock worth $277,150,000 after acquiring an additional 350,293 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.6 %

MBB stock traded up $0.51 during midday trading on Friday, reaching $90.67. 1,554,564 shares of the company’s stock traded hands, compared to its average volume of 2,657,438. The company has a 50-day simple moving average of $91.27 and a two-hundred day simple moving average of $91.27. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be paid a $0.2823 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.74%.

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).