iShares MBS ETF (NASDAQ:MBB) to Issue Dividend of $0.33

iShares MBS ETF (NASDAQ:MBB) declared a dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.3309 per share on Friday, April 4th. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 3.3% increase from iShares MBS ETF’s previous dividend of $0.32.

iShares MBS ETF Stock Up 0.0 %

Shares of NASDAQ MBB traded up $0.01 during midday trading on Tuesday, hitting $93.79. The stock had a trading volume of 2,201,296 shares, compared to its average volume of 2,531,424. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76. The company’s 50-day simple moving average is $92.78 and its 200 day simple moving average is $93.06.

Institutional Trading of iShares MBS ETF

An institutional investor recently bought a new position in iShares MBS ETF stock. Brighton Jones LLC bought a new stake in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,981 shares of the company’s stock, valued at approximately $273,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

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).