206,345 Shares in iShares MBS ETF $MBB Bought by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 206,345 shares of the company’s stock, valued at approximately $18,493,000. iShares MBS ETF accounts for approximately 1.0% of McKinley Carter Wealth Services Inc.’s portfolio, making the stock its 21st biggest position.

Other institutional investors have also modified their holdings of the company. Global Financial Private Client LLC raised its position in iShares MBS ETF by 3.8% in the 1st quarter. Global Financial Private Client LLC now owns 2,937 shares of the company’s stock valued at $279,000 after purchasing an additional 108 shares during the last quarter. Merkkuri Wealth Advisors LLC boosted its stake in iShares MBS ETF by 1.2% during the 1st quarter. Merkkuri Wealth Advisors LLC now owns 9,944 shares of the company’s stock worth $944,000 after purchasing an additional 120 shares during the period. Signature Equity Partners LLC boosted its stake in iShares MBS ETF by 27.4% during the 1st quarter. Signature Equity Partners LLC now owns 562 shares of the company’s stock worth $53,000 after purchasing an additional 121 shares during the period. Trinity Wealth Management LLC boosted its stake in iShares MBS ETF by 1.9% during the 1st quarter. Trinity Wealth Management LLC now owns 7,061 shares of the company’s stock worth $670,000 after purchasing an additional 132 shares during the period. Finally, Bush Investment Group LLC grew its position in iShares MBS ETF by 1.0% during the 4th quarter. Bush Investment Group LLC now owns 13,431 shares of the company’s stock worth $1,279,000 after purchasing an additional 135 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Down 0.1%

iShares MBS ETF stock traded down $0.07 during midday trading on Friday, hitting $90.52. 2,630,289 shares of the company’s stock were exchanged, compared to its average volume of 3,225,338. iShares MBS ETF has a 12-month low of $88.58 and a 12-month high of $96.96. The firm’s 50 day simple moving average is $91.58 and its 200 day simple moving average is $93.32.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.3662 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.3388. This represents a $4.39 dividend on an annualized basis and a dividend yield of 4.9%.

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).