Kestra Advisory Services LLC Buys 27,424 Shares of iShares MBS ETF (NASDAQ:MBB)

Kestra Advisory Services LLC lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 17.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 182,464 shares of the company’s stock after buying an additional 27,424 shares during the period. Kestra Advisory Services LLC owned approximately 0.06% of iShares MBS ETF worth $16,863,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of MBB. Midland Wealth Advisors LLC bought a new stake in iShares MBS ETF in the fourth quarter valued at approximately $151,461,000. Quotient Wealth Partners LLC bought a new stake in iShares MBS ETF during the 4th quarter valued at $138,573,000. Charles Schwab Investment Advisory Inc. boosted its position in 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 valued at $513,762,000 after buying an additional 1,102,208 shares during the period. State of Michigan Retirement System increased its position in shares of iShares MBS ETF by 189.5% in the first quarter. State of Michigan Retirement System now owns 1,565,800 shares of the company’s stock valued at $144,711,000 after acquiring an additional 1,025,000 shares during the period. Finally, Bessemer Group Inc. raised its stake in shares of iShares MBS ETF by 2,198.6% during the first quarter. Bessemer Group Inc. now owns 994,220 shares of the company’s stock valued at $91,886,000 after acquiring an additional 950,966 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of NASDAQ MBB traded up $0.39 during trading hours on Friday, hitting $93.12. The company’s stock had a trading volume of 865,839 shares, compared to its average volume of 2,369,758. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55. The business has a 50-day simple moving average of $92.01 and a 200-day simple moving average of $91.83.

iShares MBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a $0.3053 dividend. The ex-dividend date was Monday, July 1st. This represents a $3.66 dividend on an annualized basis and a dividend yield of 3.93%.

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).