JGP Wealth Management LLC Has $3.65 Million Stake in iShares MBS ETF $MBB

JGP Wealth Management LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 41.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,296 shares of the company’s stock after buying an additional 11,194 shares during the quarter. JGP Wealth Management LLC’s holdings in iShares MBS ETF were worth $3,647,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. First Heartland Consultants Inc. grew its position in iShares MBS ETF by 1.5% in the fourth quarter. First Heartland Consultants Inc. now owns 14,410 shares of the company’s stock worth $1,372,000 after acquiring an additional 216 shares in the last quarter. Community Trust & Investment Co. increased its stake in shares of iShares MBS ETF by 0.3% during the 4th quarter. Community Trust & Investment Co. now owns 101,182 shares of the company’s stock worth $9,635,000 after purchasing an additional 282 shares during the last quarter. Carr Financial Group Corp raised its holdings in shares of iShares MBS ETF by 1.4% during the 4th quarter. Carr Financial Group Corp now owns 9,021 shares of the company’s stock valued at $859,000 after purchasing an additional 127 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of iShares MBS ETF by 11.1% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 5,592 shares of the company’s stock valued at $532,000 after purchasing an additional 558 shares in the last quarter. Finally, Tompkins Financial Corp lifted its stake in shares of iShares MBS ETF by 15.1% in the 4th quarter. Tompkins Financial Corp now owns 915 shares of the company’s stock valued at $87,000 after purchasing an additional 120 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4%

Shares of NASDAQ:MBB opened at $94.54 on Tuesday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.96. The firm has a fifty day moving average price of $95.71 and a 200 day moving average price of $95.48.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3278 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).