iShares MBS ETF $MBB Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 256.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,859 shares of the company’s stock after acquiring an additional 55,287 shares during the quarter. Benjamin Edwards Inc.’s holdings in iShares MBS ETF were worth $7,313,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in MBB. Security Financial Services INC. raised its stake in shares of iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after acquiring an additional 6,789 shares in the last quarter. DAVENPORT & Co LLC boosted its position in iShares MBS ETF by 9.2% during the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after purchasing an additional 614 shares during the period. Ironwood Investment Counsel LLC acquired a new position in iShares MBS ETF during the second quarter valued at approximately $206,000. Global Retirement Partners LLC bought a new position in shares of iShares MBS ETF in the second quarter valued at approximately $18,788,000. Finally, Keystone Global Partners LLC raised its position in shares of 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 purchasing an additional 616 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Down 0.1%

NASDAQ MBB opened at $95.23 on Friday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $96.25. The company has a fifty day simple moving average of $95.30 and a 200 day simple moving average of $94.65.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.334 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, December 19th.

iShares MBS ETF 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).