Chatterton & Associates Inc. Takes $2.58 Million Position in iShares MBS ETF $MBB

Chatterton & Associates Inc. acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 27,053 shares of the company’s stock, valued at approximately $2,576,000. iShares MBS ETF comprises about 2.2% of Chatterton & Associates Inc.’s holdings, making the stock its 15th largest holding.

Several other large investors also recently bought and sold shares of MBB. Sovran Advisors LLC lifted its stake in iShares MBS ETF by 10.8% during the 4th quarter. Sovran Advisors LLC now owns 44,192 shares of the company’s stock valued at $4,227,000 after acquiring an additional 4,310 shares during the period. Savvy Advisors Inc. grew its stake in shares of iShares MBS ETF by 21.6% in the fourth quarter. Savvy Advisors Inc. now owns 3,998 shares of the company’s stock worth $381,000 after acquiring an additional 711 shares during the period. Whalen Wealth Management Inc. purchased a new position in shares of iShares MBS ETF during the fourth quarter valued at approximately $1,970,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of iShares MBS ETF by 41.6% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 148,204 shares of the company’s stock valued at $14,112,000 after purchasing an additional 43,548 shares during the last quarter. Finally, FLP Wealth Management LLC lifted its position in iShares MBS ETF by 236.1% during the fourth quarter. FLP Wealth Management LLC now owns 8,855 shares of the company’s stock valued at $843,000 after purchasing an additional 6,220 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $94.86 on Friday. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.96. The firm’s 50 day moving average is $95.53 and its 200 day moving average is $95.43.

iShares MBS ETF Increases Dividend

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

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).