Oarsman Capital Inc. Purchases New Position in iShares MBS ETF (NASDAQ:MBB)

Oarsman Capital Inc. purchased a new stake in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 33,424 shares of the company’s stock, valued at approximately $3,145,000. iShares MBS ETF makes up about 0.8% of Oarsman Capital Inc.’s holdings, making the stock its 28th biggest position.

Other institutional investors have also bought and sold shares of the company. Forefront Analytics LLC boosted its stake in iShares MBS ETF by 158.1% in the fourth quarter. Forefront Analytics LLC now owns 58,379 shares of the company’s stock worth $5,492,000 after purchasing an additional 35,756 shares in the last quarter. Midland Wealth Advisors LLC acquired a new position in iShares MBS ETF in the fourth quarter worth $151,461,000. Pacific Financial Group Inc. boosted its stake in iShares MBS ETF by 2.4% in the fourth quarter. Pacific Financial Group Inc. now owns 9,105 shares of the company’s stock worth $857,000 after purchasing an additional 211 shares in the last quarter. Creative Planning boosted its stake in iShares MBS ETF by 5.4% in the fourth quarter. Creative Planning now owns 333,228 shares of the company’s stock worth $31,350,000 after purchasing an additional 17,182 shares in the last quarter. Finally, Brown Wealth Management LLC boosted its stake in iShares MBS ETF by 2.6% in the fourth quarter. Brown Wealth Management LLC now owns 22,204 shares of the company’s stock worth $2,089,000 after purchasing an additional 565 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $92.59 on Friday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55. The business has a fifty day moving average of $90.78 and a 200-day moving average of $91.90.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.3002 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.89%.

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).