Legacy Edge Advisors LLC Makes New Investment in iShares MBS ETF $MBB

Legacy Edge Advisors LLC bought a new position in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 17,716 shares of the company’s stock, valued at approximately $1,687,000.

Other large investors also recently modified their holdings of the company. Howe & Rusling Inc. increased its holdings in shares of iShares MBS ETF by 184.0% during the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares during the period. Westfuller Advisors LLC acquired a new position in shares of iShares MBS ETF during the third quarter valued at $33,000. Aventura Private Wealth LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter valued at $35,000. Wealth Watch Advisors INC acquired a new position in shares of iShares MBS ETF during the third quarter valued at $35,000. Finally, Dunhill Financial LLC increased its holdings in shares of iShares MBS ETF by 3,554.5% during the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after purchasing an additional 391 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB opened at $94.50 on Friday. iShares MBS ETF has a one year low of $91.19 and a one year high of $96.96. The stock’s fifty day moving average is $95.26 and its 200-day moving average is $95.43.

iShares MBS ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be issued a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, May 1st.

iShares MBS ETF 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).