Mosley Wealth Management Makes New Investment in iShares MBS ETF $MBB

Mosley Wealth Management bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 34,272 shares of the company’s stock, valued at approximately $3,260,000. iShares MBS ETF accounts for approximately 1.5% of Mosley Wealth Management’s portfolio, making the stock its 17th largest holding.

Several other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of iShares MBS ETF by 11.8% in the 3rd quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after acquiring an additional 7,566,099 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MBS ETF by 2.3% during the third quarter. JPMorgan Chase & Co. now owns 51,677,674 shares of the company’s stock worth $4,917,131,000 after purchasing an additional 1,182,620 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after acquiring an additional 1,104,895 shares during the period. TIAA Trust National Association boosted its holdings in shares of iShares MBS ETF by 2.5% during the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after acquiring an additional 646,390 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in shares of iShares MBS ETF by 5.7% during the third quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock worth $2,141,246,000 after acquiring an additional 1,206,273 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.6%

NASDAQ MBB opened at $94.52 on Friday. iShares MBS ETF has a 1-year low of $92.38 and a 1-year high of $96.96. The company has a 50 day moving average of $94.57 and a 200-day moving average of $95.16.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3334 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, June 1st.

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).