International Assets Investment Management LLC Acquires 785 Shares of iShares MBS ETF (NASDAQ:MBB)

International Assets Investment Management LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 11.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,849 shares of the company’s stock after purchasing an additional 785 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares MBS ETF were worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rockland Trust Co. raised its stake in shares of iShares MBS ETF by 5.8% in the first quarter. Rockland Trust Co. now owns 519,594 shares of the company’s stock valued at $48,021,000 after buying an additional 28,402 shares during the period. Buttonwood Financial Group LLC boosted its position in iShares MBS ETF by 57.2% during the first quarter. Buttonwood Financial Group LLC now owns 47,496 shares of the company’s stock worth $4,390,000 after purchasing an additional 17,285 shares during the period. Park Avenue Securities LLC increased its stake in shares of iShares MBS ETF by 4.1% in the first quarter. Park Avenue Securities LLC now owns 1,376,978 shares of the company’s stock worth $127,260,000 after purchasing an additional 54,834 shares in the last quarter. Legacy Financial Group LLC lifted its stake in shares of iShares MBS ETF by 1,994.2% during the 1st quarter. Legacy Financial Group LLC now owns 56,691 shares of the company’s stock valued at $5,239,000 after buying an additional 53,984 shares in the last quarter. Finally, American National Bank bought a new position in iShares MBS ETF in the 1st quarter worth approximately $76,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

NASDAQ:MBB opened at $92.55 on Monday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $94.55. The stock’s fifty day moving average price is $90.99 and its two-hundred day moving average price is $91.97.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.3002 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.60 annualized dividend and a yield of 3.89%.

About iShares MBS ETF

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).