Advisors Preferred LLC Has $5.05 Million Stock Position in iShares MBS ETF $MBB

Advisors Preferred LLC increased its stake in iShares MBS ETF (NASDAQ:MBB) by 25.9% during the first quarter, Holdings Channel reports. The firm owned 53,155 shares of the company’s stock after acquiring an additional 10,931 shares during the period. Advisors Preferred LLC’s holdings in iShares MBS ETF were worth $5,047,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Brookstone Capital Management increased its position in iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after purchasing an additional 9,547 shares in the last quarter. ASL Financial LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at approximately $977,000. Legacy Edge Advisors LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at approximately $1,687,000. Cassilly Financial Group LLC bought a new stake in shares of iShares MBS ETF during the fourth quarter worth $2,538,000. Finally, Ocean Park Asset Management LLC grew its stake in shares of iShares MBS ETF by 1.9% during the fourth quarter. Ocean Park Asset Management LLC now owns 424,335 shares of the company’s stock worth $40,405,000 after buying an additional 7,872 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.4%

Shares of NASDAQ:MBB opened at $93.67 on Wednesday. The company has a fifty day moving average of $94.21 and a 200-day moving average of $94.99. iShares MBS ETF has a 52-week low of $92.40 and a 52-week high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date was Wednesday, July 1st.

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). 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).