Investors purchased shares of iShares MBS ETF (NASDAQ:MBB) on weakness during trading on Thursday. $42.85 million flowed into the stock on the tick-up and $16.74 million flowed out of the stock on the tick-down, for a money net flow of $26.11 million into the stock. Of all equities tracked, iShares MBS ETF had the 27th highest net in-flow for the day. iShares MBS ETF traded down ($0.08) for the day and closed at $104.56
The business also recently announced a monthly dividend, which was paid on Monday, December 24th. Shareholders of record on Wednesday, December 19th were given a dividend of $0.0837 per share. This represents a $1.00 annualized dividend and a yield of 0.96%. The ex-dividend date was Tuesday, December 18th.
A number of large investors have recently added to or reduced their stakes in the business. Advocacy Wealth Management Services LLC purchased a new stake in iShares MBS ETF during the 4th quarter worth approximately $39,000. Creative Planning grew its position in iShares MBS ETF by 10.2% during the 3rd quarter. Creative Planning now owns 5,375 shares of the company’s stock worth $555,000 after purchasing an additional 497 shares during the last quarter. AJ Wealth Strategies LLC grew its position in iShares MBS ETF by 18.8% during the 3rd quarter. AJ Wealth Strategies LLC now owns 3,183 shares of the company’s stock worth $329,000 after purchasing an additional 504 shares during the last quarter. IFG Advisory LLC grew its position in iShares MBS ETF by 10.3% during the 3rd quarter. IFG Advisory LLC now owns 6,381 shares of the company’s stock worth $659,000 after purchasing an additional 595 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its position in iShares MBS ETF by 1.2% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 55,313 shares of the company’s stock worth $5,716,000 after purchasing an additional 640 shares during the last quarter.
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).
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