iShares MBS ETF (NASDAQ:MBB) is AAFMAA Wealth Management & Trust LLC’s 5th Largest Position

AAFMAA Wealth Management & Trust LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 13.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 64,751 shares of the company’s stock after purchasing an additional 7,664 shares during the quarter. iShares MBS ETF accounts for about 3.3% of AAFMAA Wealth Management & Trust LLC’s holdings, making the stock its 5th biggest position. AAFMAA Wealth Management & Trust LLC’s holdings in iShares MBS ETF were worth $5,984,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Simplicity Solutions LLC raised its position in shares of iShares MBS ETF by 3.6% during the 4th quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock worth $317,000 after purchasing an additional 117 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in iShares MBS ETF by 1.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock worth $888,000 after purchasing an additional 119 shares in the last quarter. W Advisors LLC raised its stake in iShares MBS ETF by 2.9% in the 1st quarter. W Advisors LLC now owns 4,329 shares of the company’s stock valued at $400,000 after purchasing an additional 124 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in iShares MBS ETF by 4.4% in the 4th quarter. CoreCap Advisors LLC now owns 3,353 shares of the company’s stock valued at $315,000 after purchasing an additional 142 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in shares of iShares MBS ETF by 2.5% during the 1st quarter. Verdence Capital Advisors LLC now owns 5,774 shares of the company’s stock worth $534,000 after purchasing an additional 143 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB traded down $0.04 during trading on Monday, reaching $92.20. The stock had a trading volume of 1,097,444 shares, compared to its average volume of 2,415,900. The business has a fifty day moving average price of $91.42 and a 200-day moving average price of $91.91. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $94.55.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.3053 per share. This represents a $3.66 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date was Monday, July 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).