Lazard Asset Management LLC Buys 4,832 Shares of iShares MBS ETF (NASDAQ:MBB)

Lazard Asset Management LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 3.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 134,989 shares of the company’s stock after acquiring an additional 4,832 shares during the quarter. Lazard Asset Management LLC’s holdings in iShares MBS ETF were worth $12,475,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Westwood Holdings Group Inc. increased its holdings in shares of iShares MBS ETF by 38.0% during the first quarter. Westwood Holdings Group Inc. now owns 8,995 shares of the company’s stock worth $831,000 after purchasing an additional 2,475 shares during the period. JT Stratford LLC lifted its holdings in shares of iShares MBS ETF by 8.4% during the 1st quarter. JT Stratford LLC now owns 6,264 shares of the company’s stock worth $579,000 after acquiring an additional 486 shares during the period. EP Wealth Advisors LLC boosted its position in shares of iShares MBS ETF by 7.6% during the 1st quarter. EP Wealth Advisors LLC now owns 5,930 shares of the company’s stock worth $548,000 after acquiring an additional 421 shares in the last quarter. Wellington Wealth Strategies LLC. bought a new position in iShares MBS ETF in the first quarter valued at approximately $418,000. Finally, CreativeOne Wealth LLC raised its position in iShares MBS ETF by 68.2% during the first quarter. CreativeOne Wealth LLC now owns 388,434 shares of the company’s stock valued at $35,900,000 after purchasing an additional 157,447 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.4 %

NASDAQ MBB traded up $0.39 on Friday, hitting $93.12. 865,839 shares of the company’s stock were exchanged, compared to its average volume of 2,369,758. The stock has a 50-day moving average of $92.01 and a 200-day moving average of $91.83. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $94.55.

iShares MBS ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.3053 dividend. This represents a $3.66 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend was Monday, July 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).