6,000 Shares in iShares MBS ETF (NASDAQ:MBB) Acquired by Florin Court Capital LLP

Florin Court Capital LLP acquired a new position in shares of iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 6,000 shares of the company’s stock, valued at approximately $564,000. iShares MBS ETF makes up approximately 0.6% of Florin Court Capital LLP’s investment portfolio, making the stock its 24th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at approximately $282,000. Avior Wealth Management LLC grew its holdings in shares of iShares MBS ETF by 535.3% during the third quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock valued at $29,000 after purchasing an additional 273 shares during the last quarter. GHP Investment Advisors Inc. bought a new position in iShares MBS ETF during the 3rd quarter worth $36,000. Meridian Wealth Management LLC increased its holdings in shares of iShares MBS ETF by 113.1% in the 3rd quarter. Meridian Wealth Management LLC now owns 7,590 shares of the company’s stock worth $674,000 after acquiring an additional 4,029 shares during the period. Finally, Koshinski Asset Management Inc. raised its holdings in shares of iShares MBS ETF by 2.9% during the third quarter. Koshinski Asset Management Inc. now owns 7,297 shares of the company’s stock valued at $648,000 after buying an additional 207 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB traded up $0.32 during midday trading on Friday, reaching $89.76. 665,894 shares of the company traded hands, compared to its average volume of 2,692,688. The stock has a 50-day moving average price of $91.46 and a 200 day moving average price of $91.18. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $95.70.

iShares MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2827 per share. The ex-dividend date was Monday, April 1st. This represents a $3.39 dividend on an annualized basis and a dividend yield of 3.78%.

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).