Pettinga Financial Advisors LLC Has $9.17 Million Position in iShares MBS ETF $MBB

Pettinga Financial Advisors LLC increased its stake in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 42.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,063 shares of the company’s stock after acquiring an additional 28,951 shares during the quarter. iShares MBS ETF makes up about 1.5% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 22nd largest position. Pettinga Financial Advisors LLC’s holdings in iShares MBS ETF were worth $9,174,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of MBB. ESL Trust Services LLC acquired a new position in shares of iShares MBS ETF during the fourth quarter valued at about $28,000. Brown Lisle Cummings Inc. acquired a new stake in shares of iShares MBS ETF in the 1st quarter valued at about $28,000. First Community Trust NA acquired a new stake in shares of iShares MBS ETF in the 1st quarter valued at about $32,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter valued at about $34,000. Finally, Nemes Rush Group LLC increased its position in iShares MBS ETF by 132.9% in the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

MBB stock opened at $93.27 on Monday. The stock’s 50 day simple moving average is $93.89 and its 200 day simple moving average is $94.72. iShares MBS ETF has a fifty-two week low of $92.68 and a fifty-two week high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.3413 per share. This is a positive change from iShares MBS ETF’s previous dividend of $0.34. The ex-dividend date was Monday, August 3rd.

iShares MBS ETF Company 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). 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).

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

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