NewSquare Capital LLC Increases Stock Position in iShares MBS ETF (NASDAQ:MBB)

NewSquare Capital LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 161,153 shares of the company’s stock after purchasing an additional 6,328 shares during the quarter. iShares MBS ETF accounts for about 1.4% of NewSquare Capital LLC’s holdings, making the stock its 13th biggest position. NewSquare Capital LLC owned approximately 0.05% of iShares MBS ETF worth $15,161,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in MBB. Register Financial Advisors LLC lifted its position in shares of iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after acquiring an additional 228 shares during the period. BluePath Capital Management LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter valued at approximately $26,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of iShares MBS ETF during the 4th quarter valued at approximately $28,000. Avior Wealth Management LLC raised its position in shares of iShares MBS ETF by 535.3% during the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after purchasing an additional 273 shares during the last quarter. Finally, Kozak & Associates Inc. acquired a new position in shares of iShares MBS ETF during the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4 %

Shares of iShares MBS ETF stock traded up $0.32 during trading on Tuesday, hitting $90.11. 1,362,603 shares of the company were exchanged, compared to its average volume of 2,549,492. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $95.70. The firm has a 50 day moving average price of $91.58 and a 200 day moving average price of $91.19.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.39 annualized dividend and a dividend yield of 3.77%.

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).