Mackenzie Financial Corp Buys Shares of 16,907 iShares MBS ETF (NASDAQ:MBB)

Mackenzie Financial Corp bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, Holdings Channel.com reports. The firm bought 16,907 shares of the company’s stock, valued at approximately $1,591,000.

Other institutional investors have also recently bought and sold shares of the company. Register Financial Advisors LLC increased its position in shares of iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the last quarter. BluePath Capital Management LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth approximately $26,000. LFA Lugano Financial Advisors SA acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $28,000. Avior Wealth Management LLC increased its position in shares of iShares MBS ETF by 535.3% during the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after purchasing an additional 273 shares during the last quarter. Finally, Kozak & Associates Inc. acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $31,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $90.11 on Wednesday. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70. The business’s 50 day simple moving average is $91.55 and its 200 day simple moving average is $91.21.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2827 per share. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend was Monday, April 1st.

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).