Naples Global Advisors LLC Has $2.65 Million Stock Holdings in iShares MBS ETF $MBB

Naples Global Advisors LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 32.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 27,851 shares of the company’s stock after purchasing an additional 6,753 shares during the quarter. Naples Global Advisors LLC’s holdings in iShares MBS ETF were worth $2,650,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MBB. Security Financial Services INC. grew its holdings in iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after buying an additional 6,789 shares in the last quarter. DAVENPORT & Co LLC raised its stake in iShares MBS ETF by 9.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after purchasing an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $206,000. Dynasty Wealth Management LLC increased its holdings in shares of iShares MBS ETF by 10.8% during the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after purchasing an additional 160,926 shares during the period. Finally, Global Retirement Partners LLC acquired a new stake in shares of iShares MBS ETF in the second quarter valued at approximately $18,788,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB opened at $95.36 on Friday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.25. The business’s fifty day moving average is $95.35 and its 200-day moving average is $94.79.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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).