9,903 Shares of iShares MBS ETF $MBB Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, HoldingsChannel reports. The fund purchased 9,903 shares of the company’s stock, valued at approximately $888,000.

Other institutional investors have also modified their holdings of the company. Envestnet Asset Management Inc. grew its position in shares of iShares MBS ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock worth $2,921,648,000 after buying an additional 2,006,656 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares MBS ETF by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,106,470 shares of the company’s stock worth $294,959,000 after buying an additional 106,144 shares during the period. Bank of New York Mellon Corp raised its position in iShares MBS ETF by 9.5% during the 1st quarter. Bank of New York Mellon Corp now owns 2,314,725 shares of the company’s stock worth $219,783,000 after buying an additional 201,354 shares during the last quarter. Sei Investments Co. raised its position in iShares MBS ETF by 5.2% during the 1st quarter. Sei Investments Co. now owns 2,194,447 shares of the company’s stock worth $208,335,000 after buying an additional 108,361 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in iShares MBS ETF by 9.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,119,612 shares of the company’s stock worth $200,346,000 after buying an additional 188,877 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $91.52 on Tuesday. iShares MBS ETF has a 12 month low of $88.58 and a 12 month high of $96.96. The company has a 50 day simple moving average of $91.36 and a two-hundred day simple moving average of $93.88.

iShares MBS ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.3662 dividend. The ex-dividend date was Thursday, October 1st. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.8%.

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).