RFG Advisory LLC Decreases Holdings in iShares MBS ETF (NASDAQ:MBB)

RFG Advisory LLC decreased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,469 shares of the company’s stock after selling 261 shares during the quarter. RFG Advisory LLC’s holdings in iShares MBS ETF were worth $3,715,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Austin Private Wealth LLC boosted its stake in shares of iShares MBS ETF by 5.1% during the 2nd quarter. Austin Private Wealth LLC now owns 149,411 shares of the company’s stock worth $13,717,000 after acquiring an additional 7,284 shares in the last quarter. Fermata Advisors LLC lifted its stake in iShares MBS ETF by 35.9% in the 2nd quarter. Fermata Advisors LLC now owns 5,941 shares of the company’s stock valued at $545,000 after buying an additional 1,571 shares in the last quarter. Successful Portfolios LLC lifted its stake in iShares MBS ETF by 4.0% in the 2nd quarter. Successful Portfolios LLC now owns 5,186 shares of the company’s stock valued at $476,000 after buying an additional 199 shares in the last quarter. JGP Wealth Management LLC purchased a new stake in iShares MBS ETF in the 2nd quarter valued at approximately $624,000. Finally, Cabot Wealth Management Inc. lifted its stake in iShares MBS ETF by 4.2% in the 2nd quarter. Cabot Wealth Management Inc. now owns 106,836 shares of the company’s stock valued at $9,809,000 after buying an additional 4,310 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock traded up $0.15 on Monday, reaching $94.53. The company had a trading volume of 1,303,884 shares, compared to its average volume of 2,320,237. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $95.85. The company’s fifty day moving average is $92.66 and its 200 day moving average is $91.90.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.3086 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.70 dividend on an annualized basis and a yield of 3.92%. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.31.

iShares MBS ETF Company Profile

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).