BOS Asset Management LLC Has $664,000 Stake in iShares MBS ETF (NASDAQ:MBB)

BOS Asset Management LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 109.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,229 shares of the company’s stock after purchasing an additional 3,781 shares during the quarter. BOS Asset Management LLC’s holdings in iShares MBS ETF were worth $664,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of MBB. Manhattan West Asset Management LLC boosted its stake in shares of iShares MBS ETF by 14.3% in the 4th quarter. Manhattan West Asset Management LLC now owns 47,727 shares of the company’s stock worth $4,490,000 after buying an additional 5,976 shares during the last quarter. Crewe Advisors LLC bought a new position in iShares MBS ETF in the 4th quarter valued at $82,000. CAP Partners LLC purchased a new stake in shares of iShares MBS ETF during the 4th quarter valued at $1,082,000. Hilltop Holdings Inc. raised its stake in shares of iShares MBS ETF by 0.3% during the 4th quarter. Hilltop Holdings Inc. now owns 125,744 shares of the company’s stock worth $11,830,000 after purchasing an additional 343 shares during the period. Finally, US Financial Advisors LLC raised its stake in shares of iShares MBS ETF by 7.2% during the 4th quarter. US Financial Advisors LLC now owns 22,670 shares of the company’s stock worth $2,133,000 after purchasing an additional 1,518 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $95.24 on Friday. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $95.85. The business has a 50-day moving average of $93.59 and a 200 day moving average of $92.15.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a dividend of $0.3086 per share. The ex-dividend date was Thursday, August 1st. This represents a $3.70 annualized dividend and a dividend yield of 3.89%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.31.

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).