Ade LLC Has $772,000 Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Ade LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,204 shares of the company’s stock after buying an additional 161 shares during the quarter. Ade LLC’s holdings in iShares MBS ETF were worth $772,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Register Financial Advisors LLC lifted 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 buying an additional 228 shares during the last quarter. Ambassador Advisors LLC raised its stake in iShares MBS ETF by 332.8% in the 1st quarter. Ambassador Advisors LLC now owns 277 shares of the company’s stock worth $26,000 after purchasing an additional 213 shares in the last quarter. BluePath Capital Management LLC acquired a new stake in iShares MBS ETF in the 3rd quarter worth about $26,000. LFA Lugano Financial Advisors SA acquired a new stake in iShares MBS ETF in the 4th quarter worth about $28,000. Finally, Avior Wealth Management LLC raised its stake in iShares MBS ETF by 535.3% in the 3rd quarter. Avior Wealth Management LLC now owns 324 shares of the company’s stock worth $29,000 after purchasing an additional 273 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

iShares MBS ETF stock traded down $0.29 during midday trading on Thursday, hitting $89.72. The company’s stock had a trading volume of 2,716,028 shares, compared to its average volume of 2,575,646. iShares MBS ETF has a 1-year low of $85.28 and a 1-year high of $95.70. The company has a 50-day moving average price of $91.72 and a two-hundred day moving average price of $91.11.

iShares MBS ETF Dividend Announcement

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

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).