C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Boosts Holdings in iShares MBS ETF $MBB

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 41.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 148,204 shares of the company’s stock after buying an additional 43,548 shares during the quarter. iShares MBS ETF makes up about 0.8% of C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ investment portfolio, making the stock its 29th largest holding. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares MBS ETF were worth $14,112,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MBB. Delos Wealth Advisors LLC bought a new stake in shares of iShares MBS ETF during the 2nd quarter valued at $26,000. Howe & Rusling Inc. raised its holdings in iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares during the period. Westfuller Advisors LLC purchased a new position in iShares MBS ETF during the third quarter valued at $33,000. Aventura Private Wealth LLC purchased a new position in iShares MBS ETF during the fourth quarter valued at $35,000. Finally, Wealth Watch Advisors INC bought a new stake in iShares MBS ETF during the third quarter valued at about $35,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.86 on Friday. The business has a 50-day simple moving average of $95.53 and a two-hundred day simple moving average of $95.43. iShares MBS ETF has a 52 week low of $90.84 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be issued a $0.3329 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33.

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).