iShares MBS ETF $MBB Shares Bought by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. grew its stake in iShares MBS ETF (NASDAQ:MBB) by 12.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,775 shares of the company’s stock after purchasing an additional 5,648 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in iShares MBS ETF were worth $5,025,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Dynasty Wealth Management LLC boosted its stake in shares of iShares MBS ETF by 10.8% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after acquiring an additional 160,926 shares in the last quarter. Dakota Wealth Management grew its position in shares of iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after acquiring an additional 62,909 shares during the period. Avidian Wealth Enterprises LLC increased its stake in shares of iShares MBS ETF by 3.4% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock valued at $67,499,000 after purchasing an additional 23,459 shares in the last quarter. Archford Capital Strategies LLC purchased a new position in shares of iShares MBS ETF in the 3rd quarter valued at about $5,600,000. Finally, Brookstone Capital Management raised its holdings in iShares MBS ETF by 3.2% in the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after purchasing an additional 9,547 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.2%

Shares of MBB stock opened at $95.08 on Friday. iShares MBS ETF has a 12-month low of $91.19 and a 12-month high of $96.96. The business’s 50 day moving average is $95.41 and its two-hundred day moving average is $95.43.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.3329 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).