IHT Wealth Management LLC Has $845,000 Holdings in iShares MBS ETF (NASDAQ:MBB)

IHT Wealth Management LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB – Get Rating) by 164.7% during the third quarter, Holdings Channel.com reports. The firm owned 9,223 shares of the company’s stock after acquiring an additional 5,739 shares during the quarter. IHT Wealth Management LLC’s holdings in iShares MBS ETF were worth $845,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its stake in shares of iShares MBS ETF by 4,516.7% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 277 shares of the company’s stock valued at $25,000 after buying an additional 271 shares in the last quarter. Mill Capital Management LLC bought a new position in shares of iShares MBS ETF in the third quarter valued at $26,000. M&T Bank Corp bought a new position in shares of iShares MBS ETF in the second quarter valued at $28,000. Fairfield Bush & CO. bought a new position in shares of iShares MBS ETF in the first quarter valued at $33,000. Finally, Bramshill Investments LLC bought a new position in shares of iShares MBS ETF in the second quarter valued at $40,000. 77.56% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $95.09 on Friday. iShares MBS ETF has a 1-year low of $88.00 and a 1-year high of $103.08. The firm has a fifty day simple moving average of $94.43 and a 200 day simple moving average of $93.41.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were paid a $0.25 dividend. The ex-dividend date was Wednesday, March 1st. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.24. This represents a $3.00 annualized dividend and a dividend yield of 3.15%.

iShares MBS ETF Company Profile

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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).