6,030 Shares in iShares MBS ETF (NASDAQ:MBB) Purchased by VCI Wealth Management LLC

VCI Wealth Management LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 6,030 shares of the company’s stock, valued at approximately $567,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in iShares MBS ETF by 11.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,285,852 shares of the company’s stock worth $2,422,987,000 after purchasing an additional 2,719,637 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares MBS ETF by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 13,314,589 shares of the company’s stock worth $1,182,679,000 after acquiring an additional 1,158,175 shares during the period. TIAA Trust National Association purchased a new position in shares of iShares MBS ETF during the third quarter worth approximately $374,403,000. Bank of New York Mellon Corp increased its position in shares of iShares MBS ETF by 87.6% during the third quarter. Bank of New York Mellon Corp now owns 3,616,191 shares of the company’s stock worth $321,118,000 after acquiring an additional 1,688,344 shares during the period. Finally, Stifel Financial Corp increased its position in shares of iShares MBS ETF by 12.6% during the third quarter. Stifel Financial Corp now owns 3,121,046 shares of the company’s stock worth $277,150,000 after acquiring an additional 350,293 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB traded down $0.38 during trading on Thursday, reaching $89.44. 2,025,924 shares of the company were exchanged, compared to its average volume of 2,718,588. The business’s fifty day simple moving average is $91.52 and its 200-day simple moving average is $91.20. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend was Monday, April 1st.

iShares MBS ETF Company 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).