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

Western Wealth Management LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 40.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,602 shares of the company’s stock after buying 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.

Other hedge funds have also bought and sold shares of the company. Register Financial Advisors LLC lifted its holdings in shares of iShares MBS ETF by 584.6% in the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after buying an additional 228 shares in the last quarter. Ambassador Advisors LLC lifted its stake in iShares MBS ETF by 332.8% in the 1st quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock worth $26,000 after purchasing an additional 213 shares in the last quarter. BluePath Capital Management LLC purchased a new position in shares of iShares MBS ETF during the 3rd quarter valued at $26,000. LFA Lugano Financial Advisors SA bought a new position in shares of iShares MBS ETF in the fourth quarter worth $28,000. Finally, Avior Wealth Management LLC raised its position in shares of iShares MBS ETF by 535.3% in the third quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after buying an additional 273 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.0 %

Shares of NASDAQ MBB traded down $0.02 during midday trading on Friday, hitting $89.70. 377,089 shares of the company’s stock were exchanged, compared to its average volume of 2,545,549. The business’s fifty day moving average price is $91.67 and its two-hundred day moving average price is $91.10. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently declared 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).