Patten & Patten Inc. TN Increases Stake in iShares MBS ETF $MBB

Patten & Patten Inc. TN lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 35.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,200 shares of the company’s stock after purchasing an additional 5,273 shares during the period. Patten & Patten Inc. TN’s holdings in iShares MBS ETF were worth $1,922,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Delos Wealth Advisors LLC purchased a new stake in iShares MBS ETF during the second quarter valued at about $26,000. LRI Investments LLC bought a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $30,000. Tsfg LLC boosted its holdings in iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the period. Westfuller Advisors LLC purchased a new stake in iShares MBS ETF during the 3rd quarter valued at about $33,000. Finally, Evolution Wealth Management Inc. bought a new position in iShares MBS ETF during the 2nd quarter worth approximately $39,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

Shares of iShares MBS ETF stock opened at $95.55 on Monday. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.25. The business’s 50 day simple moving average is $95.36 and its two-hundred day simple moving average is $94.84.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.334 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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).