13,107 Shares in iShares MBS ETF $MBB Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,107 shares of the company’s stock, valued at approximately $1,175,000.

Other hedge funds have also modified their holdings of the company. Founders Financial Securities LLC bought a new position in iShares MBS ETF during the third quarter valued at $243,000. D.A. Davidson & CO. bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth about $538,000. Lynx Investment Advisory increased its holdings in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Lynx Investment Advisory now owns 3,497 shares of the company’s stock worth $313,000 after buying an additional 145 shares during the last quarter. Stockman Wealth Management Inc. bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth about $259,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF in the 3rd quarter worth about $36,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $92.05 on Friday. The firm’s 50-day moving average price is $91.20 and its 200-day moving average price is $93.79. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.3662 dividend. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 annualized dividend and a yield of 4.8%. The ex-dividend date was Thursday, October 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).