iShares MBS ETF $MBB Shares Acquired by Advocacy Wealth Management LLC

Advocacy Wealth Management LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 218,171 shares of the company’s stock after acquiring an additional 7,056 shares during the quarter. Advocacy Wealth Management LLC’s holdings in iShares MBS ETF were worth $20,774,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC acquired a new position in iShares MBS ETF during the fourth quarter worth approximately $74,000. TIAA Trust National Association increased its position in iShares MBS ETF by 2.5% during the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after buying an additional 646,390 shares during the period. LPL Financial LLC increased its position in iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after buying an additional 1,104,895 shares during the period. Franklin Resources Inc. increased its position in iShares MBS ETF by 2.3% during the fourth quarter. Franklin Resources Inc. now owns 337,725 shares of the company’s stock worth $32,158,000 after buying an additional 7,507 shares during the period. Finally, Endeavor Private Wealth Inc. increased its position in iShares MBS ETF by 13.1% during the fourth quarter. Endeavor Private Wealth Inc. now owns 38,358 shares of the company’s stock worth $3,653,000 after buying an additional 4,438 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.0%

MBB opened at $93.70 on Tuesday. iShares MBS ETF has a 52 week low of $91.78 and a 52 week high of $96.96. The business’s 50 day moving average is $94.60 and its two-hundred day moving average is $95.19.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3334 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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).