Aureum Wealth Management LLC Takes $6.07 Million Position in iShares MBS ETF $MBB

Aureum Wealth Management LLC purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 63,761 shares of the company’s stock, valued at approximately $6,071,000. iShares MBS ETF comprises about 5.6% of Aureum Wealth Management LLC’s holdings, making the stock its 4th biggest holding.

Other large investors have also made changes to their positions in the company. Howe & Rusling Inc. boosted its holdings in iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the last quarter. Westfuller Advisors LLC purchased a new stake in shares of iShares MBS ETF in the third quarter worth about $33,000. Wealth Watch Advisors INC purchased a new stake in shares of iShares MBS ETF in the third quarter worth about $35,000. Aventura Private Wealth LLC acquired a new stake in iShares MBS ETF during the fourth quarter worth about $35,000. Finally, Toth Financial Advisory Corp acquired a new stake in iShares MBS ETF during the fourth quarter worth about $41,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.2%

Shares of NASDAQ MBB opened at $95.29 on Thursday. The firm’s 50 day simple moving average is $95.43 and its 200-day simple moving average is $95.44. iShares MBS ETF has a 12 month low of $91.19 and a 12 month high of $96.96.

iShares MBS ETF Increases Dividend

The business also recently disclosed 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. 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 Wednesday, April 1st.

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).