iShares MBS ETF $MBB Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 68.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,449 shares of the company’s stock after buying an additional 52,842 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares MBS ETF were worth $12,248,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of MBB. DAVENPORT & Co LLC grew its stake in shares of iShares MBS ETF by 9.2% in the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock valued at $688,000 after buying an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC purchased a new position in iShares MBS ETF in the 2nd quarter worth approximately $206,000. Global Retirement Partners LLC acquired a new stake in iShares MBS ETF in the second quarter valued at approximately $18,788,000. Keystone Global Partners LLC grew its position in iShares MBS ETF by 128.9% in the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after acquiring an additional 616 shares in the last quarter. Finally, CW Advisors LLC raised its stake in shares of iShares MBS ETF by 29.5% during the second quarter. CW Advisors LLC now owns 67,938 shares of the company’s stock valued at $6,379,000 after purchasing an additional 15,495 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $94.95 on Friday. The company’s fifty day simple moving average is $95.43 and its 200-day simple moving average is $94.28. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25.

iShares MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a $0.3469 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34.

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).