Simplicity Solutions LLC Grows Holdings in iShares MBS ETF (NASDAQ:MBB)

Simplicity Solutions LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 3.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,367 shares of the company’s stock after buying an additional 117 shares during the period. Simplicity Solutions LLC’s holdings in iShares MBS ETF were worth $317,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MBB. Fairfield Bush & CO. purchased a new position in shares of iShares MBS ETF during the 1st quarter worth about $33,000. Synovus Financial Corp lifted its holdings in shares of iShares MBS ETF by 3.8% during the 1st quarter. Synovus Financial Corp now owns 14,266 shares of the company’s stock worth $1,453,000 after acquiring an additional 519 shares during the period. Mackay Shields LLC lifted its holdings in shares of iShares MBS ETF by 80.0% during the 1st quarter. Mackay Shields LLC now owns 4,927 shares of the company’s stock worth $502,000 after acquiring an additional 2,190 shares during the period. Moors & Cabot Inc. lifted its holdings in shares of iShares MBS ETF by 9.0% during the 1st quarter. Moors & Cabot Inc. now owns 8,130 shares of the company’s stock worth $828,000 after acquiring an additional 671 shares during the period. Finally, Baird Financial Group Inc. lifted its holdings in shares of iShares MBS ETF by 15.8% during the 1st quarter. Baird Financial Group Inc. now owns 107,020 shares of the company’s stock worth $10,902,000 after acquiring an additional 14,625 shares during the period. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.0 %

Shares of MBB stock opened at $89.73 on Friday. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70. The firm’s 50-day simple moving average is $91.62 and its 200-day simple moving average is $91.11.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.78%.

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).