Proficio Capital Partners LLC Buys New Position in iShares MBS ETF (NASDAQ:MBB)

Proficio Capital Partners LLC purchased a new position in iShares MBS ETF (NASDAQ:MBB) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 100,968 shares of the company’s stock, valued at approximately $9,331,000. iShares MBS ETF makes up approximately 1.0% of Proficio Capital Partners LLC’s holdings, making the stock its 20th largest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. Smith Salley Wealth Management purchased a new position in shares of iShares MBS ETF during the 1st quarter valued at about $3,706,000. Mutual Advisors LLC lifted its holdings in shares of iShares MBS ETF by 6.7% in the 1st quarter. Mutual Advisors LLC now owns 37,423 shares of the company’s stock worth $3,459,000 after acquiring an additional 2,358 shares during the last quarter. Diversified LLC grew its holdings in shares of iShares MBS ETF by 17.1% during the 1st quarter. Diversified LLC now owns 9,847 shares of the company’s stock valued at $910,000 after purchasing an additional 1,436 shares during the last quarter. Financial Counselors Inc. grew its holdings in shares of iShares MBS ETF by 1.8% during the 1st quarter. Financial Counselors Inc. now owns 22,598 shares of the company’s stock valued at $2,089,000 after purchasing an additional 403 shares during the last quarter. Finally, AAFMAA Wealth Management & Trust LLC lifted its stake in iShares MBS ETF by 13.4% in the first quarter. AAFMAA Wealth Management & Trust LLC now owns 64,751 shares of the company’s stock worth $5,984,000 after purchasing an additional 7,664 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.0 %

Shares of iShares MBS ETF stock traded up $0.03 on Tuesday, hitting $92.23. The stock had a trading volume of 2,024,151 shares, compared to its average volume of 2,412,890. iShares MBS ETF has a one year low of $85.28 and a one year high of $94.55. The stock’s 50-day simple moving average is $91.51 and its two-hundred day simple moving average is $91.89.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a dividend of $0.3053 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.66 dividend on an annualized basis and a dividend yield of 3.97%.

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).