J.W. Cole Advisors Inc. Has $628,000 Stake in iShares MBS ETF (NASDAQ:MBB)

J.W. Cole Advisors Inc. raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 23.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 6,680 shares of the company’s stock after purchasing an additional 1,290 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MBS ETF were worth $628,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Register Financial Advisors LLC boosted its stake in iShares MBS ETF by 584.6% during the 4th quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock valued at $25,000 after purchasing an additional 228 shares during the last quarter. BluePath Capital Management LLC acquired a new position in iShares MBS ETF during the 3rd quarter valued at about $26,000. LFA Lugano Financial Advisors SA acquired a new position in iShares MBS ETF during the 4th quarter valued at about $28,000. Avior Wealth Management LLC boosted its stake in iShares MBS ETF by 535.3% during the 3rd 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. Finally, Kozak & Associates Inc. acquired a new position in iShares MBS ETF during the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $89.79 on Tuesday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $95.70. The stock’s 50 day moving average price is $91.58 and its 200-day moving average price is $91.19.

iShares MBS ETF Announces Dividend

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

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).