Mather Group LLC. Purchases 24,067 Shares of iShares MBS ETF $MBB

Mather Group LLC. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,067 shares of the company’s stock, valued at approximately $2,157,000.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in iShares MBS ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 30,910,875 shares of the company’s stock valued at $2,921,648,000 after buying an additional 2,006,656 shares in the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in iShares MBS ETF in the third quarter valued at about $153,345,000. Rockland Trust Co. bought a new position in iShares MBS ETF in the third quarter valued at about $59,468,000. Avidian Wealth Enterprises LLC acquired a new position in iShares MBS ETF during the third quarter worth about $39,361,000. Finally, Bangor Savings Bank acquired a new position in iShares MBS ETF during the third quarter worth about $38,457,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.1%

Shares of MBB stock traded down $0.07 on Friday, reaching $90.52. The company had a trading volume of 2,630,289 shares, compared to its average volume of 3,225,338. iShares MBS ETF has a one year low of $88.58 and a one year high of $96.96. The business’s 50-day moving average is $91.58 and its 200 day moving average is $93.32.

iShares MBS ETF Increases Dividend

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

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).