Elevated Financial Group LLC Takes Position in iShares MBS ETF $MBB
by Renee Jackson · The Cerbat GemElevated Financial Group LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 68,671 shares of the company’s stock, valued at approximately $6,539,000. iShares MBS ETF comprises about 2.3% of Elevated Financial Group LLC’s holdings, making the stock its 12th largest holding.
Other large investors also recently bought and sold shares of the company. Brighton Jones LLC bought a new position in iShares MBS ETF during the 4th quarter valued at about $273,000. AQR Capital Management LLC boosted its holdings in shares of iShares MBS ETF by 11.4% during the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock valued at $950,000 after acquiring an additional 1,034 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares MBS ETF by 13.0% in the first quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after acquiring an additional 43,527 shares during the period. Invesco Ltd. grew its stake in shares of iShares MBS ETF by 2.5% in the second quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after acquiring an additional 279 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $240,000. 91.70% of the stock is currently owned by institutional investors.
iShares MBS ETF Stock Performance
Shares of iShares MBS ETF stock opened at $95.23 on Friday. iShares MBS ETF has a twelve month low of $91.19 and a twelve month high of $96.96. The company’s 50 day moving average is $95.38 and its 200 day moving average is $95.44.
iShares MBS ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a dividend of $0.3329 per share. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33.
iShares MBS ETF Company 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).