Kestra Investment Management LLC Acquires 17,553 Shares of iShares MBS ETF $MBB

Kestra Investment Management LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 4.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 413,036 shares of the company’s stock after buying an additional 17,553 shares during the quarter. Kestra Investment Management LLC’s holdings in iShares MBS ETF were worth $37,016,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Retirement Systems of Alabama grew its position in iShares MBS ETF by 30.1% during the 3rd quarter. Retirement Systems of Alabama now owns 62,185 shares of the company’s stock worth $5,573,000 after acquiring an additional 14,380 shares during the last quarter. rebel Financial LLC bought a new stake in iShares MBS ETF in the third quarter valued at approximately $250,000. Bear Mountain Capital Inc. purchased a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $32,000. Edgemoor Investment Advisors Inc. purchased a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $75,000. Finally, Abbington Investment Group purchased a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $5,699,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $92.08 on Tuesday. iShares MBS ETF has a 52-week low of $88.58 and a 52-week high of $96.96. The company’s 50 day moving average price is $91.02 and its 200-day moving average price is $93.68.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.3471 per share. This represents a $4.17 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, November 2nd. This is a decrease from iShares MBS ETF’s previous monthly dividend of $0.3662.

iShares MBS ETF 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).