Foundations Investment Advisors LLC Increases Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Foundations Investment Advisors LLC raised its stake in iShares MBS ETF (NASDAQ:MBB) by 9.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 299,401 shares of the company’s stock after purchasing an additional 24,911 shares during the quarter. Foundations Investment Advisors LLC owned 0.09% of iShares MBS ETF worth $27,488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MBB. Financial Management Professionals Inc. purchased a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $26,000. Versant Capital Management Inc purchased a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $32,000. Rothschild Investment LLC purchased a new stake in shares of iShares MBS ETF in the second quarter valued at approximately $33,000. CENTRAL TRUST Co boosted its stake in shares of iShares MBS ETF by 64.6% in the first quarter. CENTRAL TRUST Co now owns 456 shares of the company’s stock valued at $42,000 after buying an additional 179 shares in the last quarter. Finally, PSI Advisors LLC boosted its stake in shares of iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1 %

Shares of iShares MBS ETF stock traded down $0.08 during trading on Wednesday, reaching $95.26. The company’s stock had a trading volume of 93,872 shares, compared to its average volume of 2,257,925. iShares MBS ETF has a 12-month low of $85.28 and a 12-month high of $95.85. The business has a 50 day moving average price of $93.70 and a 200-day moving average price of $92.21.

iShares MBS ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be given a $0.3177 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd.

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).