Client 1ST Advisory Group LLC Acquires 8,654 Shares of iShares MBS ETF $MBB

Client 1ST Advisory Group LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 22.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,923 shares of the company’s stock after acquiring an additional 8,654 shares during the quarter. iShares MBS ETF comprises approximately 1.4% of Client 1ST Advisory Group LLC’s portfolio, making the stock its 19th biggest position. Client 1ST Advisory Group LLC’s holdings in iShares MBS ETF were worth $4,468,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Delos Wealth Advisors LLC bought a new position in iShares MBS ETF in the 2nd quarter worth $26,000. Howe & Rusling Inc. lifted its position in shares of iShares MBS ETF by 184.0% in the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares during the period. Westfuller Advisors LLC bought a new stake in shares of iShares MBS ETF during the 3rd quarter valued at about $33,000. Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF during the 4th quarter valued at about $35,000. Finally, Wealth Watch Advisors INC purchased a new position in shares of iShares MBS ETF during the third quarter valued at about $35,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $94.73 on Thursday. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.96. The firm has a 50-day moving average of $95.66 and a 200 day moving average of $95.47.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3278 per share. The ex-dividend date 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).