iShares MBS ETF $MBB Position Raised by JGP Wealth Management LLC

JGP Wealth Management LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 44.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,102 shares of the company’s stock after purchasing an additional 8,375 shares during the period. JGP Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,581,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Brighton Jones LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter worth $273,000. Hsbc Holdings PLC grew its holdings in iShares MBS ETF by 15.0% during the first quarter. Hsbc Holdings PLC now owns 12,354 shares of the company’s stock worth $1,159,000 after acquiring an additional 1,613 shares during the period. Synovus Financial Corp raised its position in iShares MBS ETF by 5.5% in the first quarter. Synovus Financial Corp now owns 17,351 shares of the company’s stock worth $1,627,000 after acquiring an additional 905 shares in the last quarter. Paces Ferry Wealth Advisors LLC lifted its holdings in iShares MBS ETF by 5.4% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock valued at $216,000 after acquiring an additional 119 shares during the last quarter. Finally, WPG Advisers LLC bought a new position in shares of iShares MBS ETF during the 1st quarter valued at about $111,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.3%

Shares of MBB opened at $95.42 on Thursday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25. The firm’s 50 day moving average is $95.44 and its 200-day moving average is $94.45.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.334 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, December 19th.

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). 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).