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

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

iShares MBS ETF Trading Up 0.0 %

Shares of MBB traded up $0.01 during mid-day trading on Tuesday, reaching $93.79. The stock had a trading volume of 2,201,296 shares, compared to its average volume of 2,531,424. The business’s fifty day moving average is $92.78 and its 200 day moving average is $93.06. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

Institutional Investors Weigh In On iShares MBS ETF

An institutional investor recently bought a new position in iShares MBS ETF stock. Brighton Jones LLC bought a new stake in iShares MBS ETF (NASDAQ:MBBFree Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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.

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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