ONE Advisory Partners LLC Increases Position in iShares MBS ETF $MBB

ONE Advisory Partners LLC grew its holdings in iShares MBS ETF (NASDAQ:MBBFree Report) by 13.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,066 shares of the company’s stock after buying an additional 582 shares during the period. ONE Advisory Partners LLC’s holdings in iShares MBS ETF were worth $471,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in MBB. IMG Wealth Management Inc. purchased a new stake in shares of iShares MBS ETF in the first quarter valued at about $30,000. LRI Investments LLC purchased a new stake in shares of iShares MBS ETF in the second quarter valued at about $30,000. Headlands Technologies LLC purchased a new stake in shares of iShares MBS ETF in the first quarter valued at about $31,000. Flaharty Asset Management LLC purchased a new stake in shares of iShares MBS ETF in the first quarter valued at about $34,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after buying an additional 295 shares during the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.4%

Shares of NASDAQ:MBB opened at $95.28 on Monday. The company has a 50-day simple moving average of $94.55 and a 200-day simple moving average of $93.40. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97.

iShares MBS ETF Cuts Dividend

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

About iShares MBS ETF

(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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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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