iShares MBS ETF (MBB) to Issue Dividend of $0.34 on July 7th

iShares MBS ETF (NASDAQ:MBB) declared a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.3373 per share on Tuesday, July 7th. The ex-dividend date is Wednesday, July 1st.

iShares MBS ETF Stock Down 0.5%

Shares of MBB opened at $94.02 on Thursday. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96. The company has a 50 day simple moving average of $94.41 and a two-hundred day simple moving average of $95.08.

Hedge Funds Weigh In On iShares MBS ETF

Several institutional investors have recently bought and sold shares of the stock. Global Financial Private Client LLC lifted its position in shares of iShares MBS ETF by 3.8% in the first quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock worth $279,000 after buying an additional 108 shares in the last quarter. RFG Advisory LLC grew its holdings in iShares MBS ETF by 3.0% during the 4th quarter. RFG Advisory LLC now owns 3,989 shares of the company’s stock valued at $380,000 after buying an additional 116 shares in the last quarter. Alteri Wealth LLC increased its stake in iShares MBS ETF by 0.6% in the 4th quarter. Alteri Wealth LLC now owns 18,467 shares of the company’s stock worth $1,758,000 after acquiring an additional 118 shares during the last quarter. Tompkins Financial Corp increased its stake in iShares MBS ETF by 15.1% in the 4th quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock worth $87,000 after acquiring an additional 120 shares during the last quarter. Finally, Merkkuri Wealth Advisors LLC raised its holdings in shares of iShares MBS ETF by 1.2% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after acquiring an additional 120 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

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).