iShares MBS ETF (NASDAQ:MBB) Announces Dividend Increase – $0.33 Per Share

iShares MBS ETF (NASDAQ:MBBGet Free Report) announced a dividend on Monday, March 31st, NASDAQ Dividends reports. Investors 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 %

MBB stock 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. The company’s 50-day moving average price is $92.78 and its 200 day moving average price is $93.06. iShares MBS ETF has a 12-month low of $89.16 and a 12-month high of $96.76.

Hedge Funds Weigh In On iShares MBS ETF

A hedge fund recently bought a new stake in iShares MBS ETF stock. Brighton Jones LLC purchased a new stake in shares of iShares MBS ETF (NASDAQ:MBBFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,981 shares of the company’s stock, valued at approximately $273,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Company Profile

(Get Free Report)

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).

Further Reading

Dividend History for iShares MBS ETF (NASDAQ:MBB)

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