iShares MBS ETF (NASDAQ:MBB) Shares Purchased by Continuum Advisory LLC

Continuum Advisory LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 11.3% during the second quarter, HoldingsChannel reports. The fund owned 3,271 shares of the company’s stock after buying an additional 331 shares during the period. Continuum Advisory LLC’s holdings in iShares MBS ETF were worth $300,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Simplicity Solutions LLC lifted its holdings in iShares MBS ETF by 3.6% in the fourth quarter. Simplicity Solutions LLC now owns 3,367 shares of the company’s stock valued at $317,000 after acquiring an additional 117 shares during the last quarter. Strait & Sound Wealth Management LLC raised its position in iShares MBS ETF by 3.7% in the first quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock valued at $298,000 after purchasing an additional 117 shares during the period. Wealthcare Advisory Partners LLC raised its position in iShares MBS ETF by 1.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after purchasing an additional 119 shares during the period. DB Fitzpatrick & Co Inc raised its position in iShares MBS ETF by 0.6% in the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after purchasing an additional 119 shares during the period. Finally, W Advisors LLC raised its position in iShares MBS ETF by 2.9% in the first quarter. W Advisors LLC now owns 4,329 shares of the company’s stock valued at $400,000 after purchasing an additional 124 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2 %

NASDAQ MBB traded up $0.18 on Tuesday, reaching $95.13. The stock had a trading volume of 131,405 shares, compared to its average volume of 2,298,088. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.85. The stock has a fifty day moving average price of $93.05 and a two-hundred day moving average price of $91.96.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a $0.3086 dividend. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.31. The ex-dividend date was Thursday, August 1st. This represents a $3.70 dividend on an annualized basis and a yield of 3.89%.

iShares MBS ETF 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).