Janney Montgomery Scott LLC Acquires 111,462 Shares of iShares MBS ETF $MBB

Janney Montgomery Scott LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 8.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,460,265 shares of the company’s stock after buying an additional 111,462 shares during the period. Janney Montgomery Scott LLC owned about 0.36% of iShares MBS ETF worth $138,652,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MBB. Trilogy Capital Inc. lifted its holdings in shares of iShares MBS ETF by 4.1% during the first quarter. Trilogy Capital Inc. now owns 22,699 shares of the company’s stock worth $2,155,000 after purchasing an additional 896 shares during the period. Traveka Wealth LLC grew its stake in shares of iShares MBS ETF by 131.6% in the first quarter. Traveka Wealth LLC now owns 48,799 shares of the company’s stock worth $4,633,000 after purchasing an additional 27,726 shares during the last quarter. FLP Wealth Management LLC increased its holdings in iShares MBS ETF by 7.2% in the first quarter. FLP Wealth Management LLC now owns 9,495 shares of the company’s stock valued at $902,000 after purchasing an additional 640 shares during the period. Narus Financial Partners LLC raised its position in iShares MBS ETF by 5.3% during the 1st quarter. Narus Financial Partners LLC now owns 7,918 shares of the company’s stock worth $752,000 after purchasing an additional 396 shares during the last quarter. Finally, FWG Investments LLC. raised its position in iShares MBS ETF by 23.1% during the 1st quarter. FWG Investments LLC. now owns 3,351 shares of the company’s stock worth $318,000 after purchasing an additional 629 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Up 0.0%

Shares of MBB opened at $94.93 on Friday. The stock’s 50-day moving average price is $94.47 and its two-hundred day moving average price is $95.09. iShares MBS ETF has a 12 month low of $92.40 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3334 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).