Quotient Wealth Partners LLC Has $154.59 Million Stock Position in iShares MBS ETF $MBB

Quotient Wealth Partners LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 18.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,628,093 shares of the company’s stock after buying an additional 253,794 shares during the period. iShares MBS ETF accounts for 4.1% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest holding. Quotient Wealth Partners LLC’s holdings in iShares MBS ETF were worth $154,587,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Dakota Wealth Management raised its stake in shares of iShares MBS ETF by 20.9% during the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after purchasing an additional 62,909 shares during the period. Brookstone Capital Management grew its position in iShares MBS ETF by 3.2% during the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock valued at $29,368,000 after buying an additional 9,547 shares during the period. Argent Trust Co grew its position in iShares MBS ETF by 233.6% during the third quarter. Argent Trust Co now owns 9,790 shares of the company’s stock valued at $932,000 after buying an additional 6,855 shares during the period. Dearborn Partners LLC purchased a new stake in iShares MBS ETF during the third quarter worth about $539,000. Finally, Capital International Investors increased its holdings in iShares MBS ETF by 161.4% during the third quarter. Capital International Investors now owns 170,644 shares of the company’s stock worth $16,237,000 after buying an additional 105,366 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.48 on Friday. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96. The firm’s 50-day simple moving average is $94.52 and its two-hundred day simple moving average is $95.11.

iShares MBS ETF Cuts Dividend

The business 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. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).