Zinnia Wealth Advisory LLC Acquires New Position in iShares MBS ETF $MBB

Zinnia Wealth Advisory LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,220 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dakota Wealth Management grew its stake in shares of iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after buying an additional 62,909 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of iShares MBS ETF by 3.2% during the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after buying an additional 9,547 shares in the last quarter. Argent Trust Co lifted its stake in shares of iShares MBS ETF by 233.6% in the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after acquiring an additional 6,855 shares during the last quarter. Dearborn Partners LLC acquired a new stake in shares of iShares MBS ETF during the 3rd quarter valued at $539,000. Finally, Compound Planning Inc. boosted its holdings in shares of iShares MBS ETF by 12.6% during the 3rd quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock valued at $11,913,000 after acquiring an additional 13,979 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB stock opened at $94.38 on Monday. iShares MBS ETF has a twelve month low of $92.38 and a twelve month high of $96.96. The stock’s fifty day simple moving average is $94.56 and its 200 day simple moving average is $95.15.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3334 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 Monday, June 1st.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).