Dakota Wealth Management Buys 62,909 Shares of iShares MBS ETF $MBB

Dakota Wealth Management boosted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 20.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 363,649 shares of the company’s stock after acquiring an additional 62,909 shares during the period. Dakota Wealth Management owned 0.08% of iShares MBS ETF worth $34,601,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Security Financial Services INC. lifted its holdings in shares of iShares MBS ETF by 5.9% during the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after acquiring an additional 6,789 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. Dynasty Wealth Management LLC lifted its stake in iShares MBS ETF by 10.8% during the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after purchasing an additional 160,926 shares during the last quarter. Global Retirement Partners LLC bought a new stake in iShares MBS ETF during the second quarter worth $18,788,000. Finally, Avidian Wealth Enterprises LLC boosted its holdings in shares of iShares MBS ETF by 3.4% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after purchasing an additional 23,459 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2%

Shares of MBB stock opened at $96.56 on Tuesday. iShares MBS ETF has a fifty-two week low of $90.84 and a fifty-two week high of $96.65. The stock’s fifty day moving average price is $95.60 and its two-hundred day moving average price is $95.24.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.3347 dividend. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, February 2nd.

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).