iShares MBS ETF $MBB Shares Newly Purchased by Certified Advisory Corp

Certified Advisory Corp bought a new position in iShares MBS ETF (NASDAQ:MBB) during the third quarter, Holdings Channel reports. The institutional investor bought 7,022 shares of the company’s stock, valued at approximately $629,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Field & Main Bank bought a new position in shares of iShares MBS ETF during the second quarter valued at approximately $30,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth approximately $27,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of iShares MBS ETF during the 2nd quarter worth approximately $34,000. Investors Research Corp lifted its holdings in shares of iShares MBS ETF by 1,587.0% in the 2nd quarter. Investors Research Corp now owns 388 shares of the company’s stock worth $37,000 after purchasing an additional 365 shares during the last quarter. Finally, Beacon Financial Strategies CORP bought a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $38,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $91.53 on Wednesday. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The business has a 50 day simple moving average of $91.13 and a 200 day simple moving average of $93.74.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be given a $0.3471 dividend. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. This represents a $4.17 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Monday, November 2nd.

iShares MBS ETF Company 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). 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).