iShares MBS ETF $MBB Shares Bought by NorthRock Partners LLC

by · The Cerbat Gem

NorthRock Partners LLC raised its stake in iShares MBS ETF (NASDAQ:MBBFree Report) by 7.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,878 shares of the company’s stock after acquiring an additional 934 shares during the period. NorthRock Partners LLC’s holdings in iShares MBS ETF were worth $1,303,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. International Private Wealth Advisors LLC boosted its stake in iShares MBS ETF by 2.8% in the second quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock valued at $387,000 after acquiring an additional 114 shares during the period. Midwest Heritage Bank FSB boosted its stake in iShares MBS ETF by 4.0% in the second quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock valued at $280,000 after acquiring an additional 116 shares during the period. Legacy Capital Group California Inc. boosted its stake in iShares MBS ETF by 2.2% in the first quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock valued at $515,000 after acquiring an additional 118 shares during the period. Paces Ferry Wealth Advisors LLC boosted its stake in iShares MBS ETF by 5.4% in the first quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock valued at $216,000 after acquiring an additional 119 shares during the period. Finally, Beacon Capital Management LLC boosted its stake in iShares MBS ETF by 35.3% in the second quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock valued at $43,000 after acquiring an additional 120 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $95.46 on Tuesday. The business has a 50 day moving average of $94.58 and a two-hundred day moving average of $93.41. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.3363 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares MBS ETF Profile

(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

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