Verdence Capital Advisors LLC Has $530,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Verdence Capital Advisors LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,631 shares of the company’s stock after acquiring an additional 176 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares MBS ETF were worth $530,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in MBB. J.W. Cole Advisors Inc. lifted its position in shares of iShares MBS ETF by 23.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 6,680 shares of the company’s stock valued at $628,000 after acquiring an additional 1,290 shares during the period. ADE LLC raised its holdings in shares of iShares MBS ETF by 2.0% during the fourth quarter. ADE LLC now owns 8,204 shares of the company’s stock valued at $772,000 after purchasing an additional 161 shares during the period. Fidelis Capital Partners LLC bought a new position in shares of iShares MBS ETF during the 4th quarter worth about $399,000. Western Wealth Management LLC grew its stake in shares of iShares MBS ETF by 40.9% in the 4th quarter. Western Wealth Management LLC now owns 22,602 shares of the company’s stock valued at $2,126,000 after buying an additional 6,561 shares during the period. Finally, Federated Hermes Inc. increased its position in iShares MBS ETF by 427.1% in the 4th quarter. Federated Hermes Inc. now owns 19,504 shares of the company’s stock valued at $1,835,000 after buying an additional 15,804 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.1 %

Shares of NASDAQ:MBB opened at $89.79 on Tuesday. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $95.70. The business’s 50 day simple moving average is $91.58 and its two-hundred day simple moving average is $91.19.

iShares MBS ETF Announces Dividend

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

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).