iShares MBS ETF $MBB Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 201.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 180,913 shares of the company’s stock after purchasing an additional 120,866 shares during the period. Kestra Advisory Services LLC’s holdings in iShares MBS ETF were worth $16,213,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MBB. MMA Asset Management LLC increased its stake in shares of iShares MBS ETF by 230.8% in the third quarter. MMA Asset Management LLC now owns 62,115 shares of the company’s stock valued at $5,567,000 after buying an additional 43,335 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of iShares MBS ETF in the third quarter worth approximately $49,108,000. Schmidt P J Investment Management Inc. acquired a new position in shares of iShares MBS ETF in the third quarter worth approximately $238,000. Jmac Enterprises LLC lifted its stake in shares of iShares MBS ETF by 3.2% in the third quarter. Jmac Enterprises LLC now owns 83,741 shares of the company’s stock worth $7,505,000 after acquiring an additional 2,561 shares during the period. Finally, Integrity Alliance LLC. bought a new stake in iShares MBS ETF in the third quarter valued at approximately $29,428,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $92.07 on Monday. iShares MBS ETF has a fifty-two week low of $88.58 and a fifty-two week high of $96.96. The company has a 50 day simple moving average of $91.04 and a two-hundred day simple moving average of $93.69.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a $0.3471 dividend. The ex-dividend date was Monday, November 2nd. This is a negative change from iShares MBS ETF’s previous monthly dividend of $0.3662. This represents a $4.17 annualized dividend and a yield of 4.5%.

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).