Ascent Group LLC Buys 10,978 Shares of iShares MBS ETF $MBB

Ascent Group LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 4.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 258,035 shares of the company’s stock after buying an additional 10,978 shares during the period. iShares MBS ETF makes up about 0.8% of Ascent Group LLC’s investment portfolio, making the stock its 25th largest holding. Ascent Group LLC owned about 0.06% of iShares MBS ETF worth $24,570,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MBB. Delos Wealth Advisors LLC purchased a new position in iShares MBS ETF in the 2nd quarter worth approximately $26,000. Howe & Rusling Inc. raised its stake in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC purchased a new position in shares of iShares MBS ETF in the third quarter worth $33,000. Aventura Private Wealth LLC bought a new position in shares of iShares MBS ETF during the fourth quarter valued at $35,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of iShares MBS ETF during the third quarter valued at $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $94.86 on Friday. The company has a 50 day moving average price of $95.53 and a 200-day moving average price 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 firm also recently disclosed 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 is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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). 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).