L & S Advisors Inc Makes New $2.10 Million Investment in iShares MBS ETF $MBB

L & S Advisors Inc purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,055 shares of the company’s stock, valued at approximately $2,100,000.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC purchased a new position in shares of iShares MBS ETF during the 4th quarter valued at approximately $273,000. AQR Capital Management LLC increased its holdings in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after purchasing an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock valued at $35,521,000 after purchasing an additional 43,527 shares in the last quarter. Invesco Ltd. increased its holdings in shares of iShares MBS ETF by 2.5% during the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock valued at $1,075,000 after purchasing an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MBS ETF during the 2nd quarter valued at approximately $240,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.57 on Monday. The company has a 50 day moving average price of $94.90 and a 200-day moving average price of $95.33. iShares MBS ETF has a 1-year low of $91.19 and a 1-year high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.3346 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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). 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).