AE Wealth Management LLC Buys 35,726 Shares of iShares MBS ETF $MBB

AE Wealth Management LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 572,311 shares of the company’s stock after purchasing an additional 35,726 shares during the period. AE Wealth Management LLC owned about 0.14% of iShares MBS ETF worth $54,496,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC bought a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $273,000. AQR Capital Management LLC raised its stake in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after acquiring an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of iShares MBS ETF by 13.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares in the last quarter. Invesco Ltd. raised its stake in shares of iShares MBS ETF by 2.5% during the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $240,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.0%

NASDAQ MBB opened at $95.25 on Friday. The company has a 50 day moving average price of $95.45 and a 200 day moving average price of $95.43. iShares MBS ETF has a 52 week low of $91.19 and a 52 week high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.3329 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33.

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).