Independent Advisor Alliance Raises Position in iShares MBS ETF (NASDAQ:MBB)

Independent Advisor Alliance raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 9.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,188 shares of the company’s stock after buying an additional 268 shares during the period. Independent Advisor Alliance’s holdings in iShares MBS ETF were worth $300,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. US Financial Advisors LLC lifted its position in shares of iShares MBS ETF by 7.2% during the 4th quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock worth $2,133,000 after purchasing an additional 1,518 shares during the last quarter. Buttonwood Financial Group LLC lifted its position in shares of iShares MBS ETF by 0.9% during the 4th quarter. Buttonwood Financial Group LLC now owns 30,211 shares of the company’s stock worth $2,842,000 after purchasing an additional 269 shares during the last quarter. Delphi Financial Group Inc. lifted its position in shares of iShares MBS ETF by 23.5% during the 4th quarter. Delphi Financial Group Inc. now owns 20,500 shares of the company’s stock worth $1,929,000 after purchasing an additional 3,900 shares during the last quarter. Advocacy Wealth Management Services LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter worth $13,157,000. Finally, Charles Schwab Investment Advisory Inc. lifted its position in shares of iShares MBS ETF by 25.3% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 5,460,902 shares of the company’s stock worth $513,762,000 after purchasing an additional 1,102,208 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.2 %

iShares MBS ETF stock opened at $91.26 on Thursday. The company has a fifty day simple moving average of $91.00 and a 200-day simple moving average of $91.70. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $94.55.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.2823 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.71%.

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).