118,907 Shares in iShares MBS ETF $MBB Acquired by Cabot Wealth Management Inc.

Cabot Wealth Management Inc. purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 118,907 shares of the company’s stock, valued at approximately $10,656,000.

A number of other hedge funds have also bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after purchasing an additional 2,006,656 shares during the period. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares MBS ETF during the 3rd quarter valued at $153,345,000. Asset Management One Co. Ltd. bought a new stake in shares of iShares MBS ETF during the 3rd quarter worth $111,873,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares MBS ETF during the 3rd quarter worth $75,219,000. Finally, Nottingham Advisors Inc. bought a new stake in shares of iShares MBS ETF during the 3rd quarter worth $70,427,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $91.11 on Thursday. The company’s 50-day moving average is $90.95 and its 200 day moving average is $93.63. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a dividend of $0.3471 per share. This represents a $4.17 dividend on an annualized basis and a yield of 4.6%. This is a drop from iShares MBS ETF’s previous monthly dividend of $0.3662. The ex-dividend date was Monday, November 2nd.

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). 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).