Advocacy Wealth Management Services LLC Acquires 54,640 Shares of iShares MBS ETF (NASDAQ:MBB)

Advocacy Wealth Management Services LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 39.1% during the first quarter, HoldingsChannel reports. The firm owned 194,484 shares of the company’s stock after acquiring an additional 54,640 shares during the quarter. iShares MBS ETF makes up 1.5% of Advocacy Wealth Management Services LLC’s investment portfolio, making the stock its 19th largest position. Advocacy Wealth Management Services LLC’s holdings in iShares MBS ETF were worth $17,974,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in MBB. Register Financial Advisors LLC boosted its stake 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 worth $25,000 after acquiring an additional 228 shares during the period. LFA Lugano Financial Advisors SA bought a new stake in shares of iShares MBS ETF during the 4th quarter worth about $28,000. Kozak & Associates Inc. acquired a new position in iShares MBS ETF in the 4th quarter valued at about $31,000. Versant Capital Management Inc acquired a new position in iShares MBS ETF in the 1st quarter valued at about $32,000. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in iShares MBS ETF in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.2 %

Shares of NASDAQ:MBB traded up $0.20 during trading on Thursday, reaching $92.27. 856,665 shares of the stock were exchanged, compared to its average volume of 2,436,678. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $94.55. The stock has a 50-day moving average price of $91.11 and a 200-day moving average price of $91.98.

iShares MBS ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.3002 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.60 annualized dividend and a yield of 3.90%.

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).