Security Financial Services INC. Grows Stock Holdings in iShares MBS ETF $MBB

Security Financial Services INC. grew its stake in iShares MBS ETF (NASDAQ:MBB) by 5.9% during the third quarter, Holdings Channel.com reports. The fund owned 121,000 shares of the company’s stock after purchasing an additional 6,789 shares during the quarter. iShares MBS ETF makes up 1.9% of Security Financial Services INC.’s investment portfolio, making the stock its 15th biggest position. Security Financial Services INC.’s holdings in iShares MBS ETF were worth $11,513,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. FSC Wealth Advisors LLC boosted its holdings in shares of iShares MBS ETF by 1.3% in the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock valued at $804,000 after purchasing an additional 107 shares during the period. Creekmur Asset Management LLC raised its position in iShares MBS ETF by 21.5% during the 2nd quarter. Creekmur Asset Management LLC now owns 621 shares of the company’s stock valued at $58,000 after purchasing an additional 110 shares in the last quarter. International Private Wealth Advisors LLC raised its position in iShares MBS ETF by 2.8% during the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock valued at $387,000 after purchasing an additional 114 shares in the last quarter. Midwest Heritage Bank FSB lifted its holdings in shares of iShares MBS ETF by 4.0% in the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock worth $280,000 after buying an additional 116 shares during the period. Finally, Paces Ferry Wealth Advisors LLC grew its position in shares of iShares MBS ETF by 5.4% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock worth $216,000 after buying an additional 119 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $95.09 on Tuesday. The stock’s fifty day moving average price is $95.45 and its 200-day moving average price is $94.42. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th will be given a dividend of $0.334 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).