iShares MBS ETF $MBB Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 13.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,779 shares of the company’s stock after buying an additional 1,658 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MBS ETF were worth $1,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in shares of iShares MBS ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 26,767,449 shares of the company’s stock worth $2,513,079,000 after acquiring an additional 153,806 shares during the last quarter. TIAA Trust National Association boosted its stake in iShares MBS ETF by 349.3% in the 2nd quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock worth $2,245,510,000 after purchasing an additional 18,631,536 shares in the last quarter. Allworth Financial LP boosted its stake in iShares MBS ETF by 1.6% in the 2nd quarter. Allworth Financial LP now owns 3,101,316 shares of the company’s stock worth $291,183,000 after purchasing an additional 50,059 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares MBS ETF by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,939,526 shares of the company’s stock worth $275,669,000 after purchasing an additional 8,399 shares during the last quarter. Finally, Renaissancere Holdings Ltd. acquired a new position in iShares MBS ETF during the 1st quarter valued at approximately $267,782,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.2%

NASDAQ MBB opened at $95.75 on Friday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25. The company has a fifty day simple moving average of $95.43 and a two-hundred day simple moving average of $94.06.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.342 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34.

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).