iShares MBS ETF (NASDAQ:MBB) Stock Position Boosted by HBW Advisory Services LLC

HBW Advisory Services LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 53.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,791 shares of the company’s stock after buying an additional 2,015 shares during the period. HBW Advisory Services LLC’s holdings in iShares MBS ETF were worth $540,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Ambassador Advisors LLC boosted its position in shares of iShares MBS ETF by 332.8% during the 1st quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock valued at $26,000 after purchasing an additional 213 shares in the last quarter. Fairfield Bush & CO. purchased a new stake in shares of iShares MBS ETF in the first quarter worth approximately $33,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares MBS ETF in the first quarter worth approximately $37,000. Fortis Capital Advisors LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth approximately $41,000. Finally, PrairieView Partners LLC purchased a new stake in shares of iShares MBS ETF in the first quarter worth approximately $46,000. Institutional investors own 92.51% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $90.89 on Friday. The company has a 50 day simple moving average of $91.73 and a 200-day simple moving average of $93.21. iShares MBS ETF has a 52-week low of $88.00 and a 52-week high of $96.78.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were given a dividend of $0.264 per share. This represents a $3.17 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend was Friday, September 1st.

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).