Checchi Capital Advisers LLC Has $13.87 Million Position in iShares MBS ETF $MBB

Checchi Capital Advisers LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 145,791 shares of the company’s stock after buying an additional 5,812 shares during the quarter. Checchi Capital Advisers LLC’s holdings in iShares MBS ETF were worth $13,872,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MBB. Security Financial Services INC. grew its position in iShares MBS ETF by 5.9% in the third quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after purchasing an additional 6,789 shares in the last quarter. DAVENPORT & Co LLC lifted its position in iShares MBS ETF by 9.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after buying an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth about $206,000. Dynasty Wealth Management LLC grew its holdings in shares of iShares MBS ETF by 10.8% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock valued at $156,916,000 after acquiring an additional 160,926 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of iShares MBS ETF in the 2nd quarter valued at about $18,788,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.0%

MBB opened at $95.25 on Wednesday. iShares MBS ETF has a 52-week low of $90.84 and a 52-week high of $96.25. The business’s 50-day simple moving average is $95.40 and its 200 day simple moving average is $94.97.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.3347 per share. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33.

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). 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).