Family Asset Management LLC Purchases 3,901 Shares of iShares MBS ETF (NASDAQ:MBB)

Family Asset Management LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 16.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,092 shares of the company’s stock after buying an additional 3,901 shares during the period. iShares MBS ETF makes up 1.7% of Family Asset Management LLC’s holdings, making the stock its 14th biggest holding. Family Asset Management LLC’s holdings in iShares MBS ETF were worth $2,549,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Register Financial Advisors LLC increased its stake in iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after purchasing an additional 228 shares in the last quarter. BluePath Capital Management LLC bought a new stake in shares of iShares MBS ETF during the third quarter valued at approximately $26,000. LFA Lugano Financial Advisors SA acquired a new position in shares of iShares MBS ETF during the fourth quarter worth approximately $28,000. Kozak & Associates Inc. acquired a new stake in iShares MBS ETF in the 4th quarter valued at $31,000. Finally, Howe & Rusling Inc. raised its holdings in iShares MBS ETF by 163.3% during the third quarter. Howe & Rusling Inc. now owns 366 shares of the company’s stock worth $33,000 after buying an additional 227 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.1 %

iShares MBS ETF stock traded down $0.07 during trading on Monday, hitting $90.60. 2,234,796 shares of the company were exchanged, compared to its average volume of 2,652,579. The business’s 50 day moving average is $91.25 and its 200 day moving average is $91.37. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $95.40.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.2823 per share. The ex-dividend date is Wednesday, May 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.74%.

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).