Western Wealth Management LLC Acquires 6,561 Shares of iShares MBS ETF (NASDAQ:MBB)

Western Wealth Management LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 40.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,602 shares of the company’s stock after acquiring an additional 6,561 shares during the period. Western Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,126,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Register Financial Advisors LLC boosted its stake in shares of iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the period. BluePath Capital Management LLC bought a new position in shares of iShares MBS ETF during the third quarter valued at approximately $26,000. Ambassador Advisors LLC raised its holdings in shares of iShares MBS ETF by 332.8% in the first quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock worth $26,000 after buying an additional 213 shares during the period. LFA Lugano Financial Advisors SA bought a new stake in shares of iShares MBS ETF during the 4th quarter worth approximately $28,000. Finally, Avior Wealth Management LLC boosted its holdings in iShares MBS ETF by 535.3% during the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock valued at $29,000 after acquiring an additional 273 shares during the period. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

MBB stock traded down $0.02 during midday trading on Friday, reaching $89.70. The company’s stock had a trading volume of 377,089 shares, compared to its average volume of 2,545,549. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.70. The stock has a fifty day simple moving average of $91.67 and a two-hundred day simple moving average of $91.10.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.2827 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a yield of 3.78%.

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).