BridgePort Financial Solutions LLC Has $439,000 Position in iShares MBS ETF $MBB

BridgePort Financial Solutions LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 12.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,674 shares of the company’s stock after acquiring an additional 532 shares during the quarter. BridgePort Financial Solutions LLC’s holdings in iShares MBS ETF were worth $439,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Ascent Group LLC raised its stake in shares of iShares MBS ETF by 5.7% during the second quarter. Ascent Group LLC now owns 234,321 shares of the company’s stock valued at $22,000,000 after acquiring an additional 12,732 shares during the last quarter. New Century Financial Group LLC raised its position in iShares MBS ETF by 5.8% during the 2nd quarter. New Century Financial Group LLC now owns 7,548 shares of the company’s stock worth $709,000 after purchasing an additional 413 shares during the last quarter. Ameritas Advisory Services LLC lifted its holdings in iShares MBS ETF by 15.0% during the 2nd quarter. Ameritas Advisory Services LLC now owns 2,639 shares of the company’s stock worth $248,000 after buying an additional 345 shares during the period. Quattro Financial Advisors LLC grew its position in shares of iShares MBS ETF by 64.6% in the 2nd quarter. Quattro Financial Advisors LLC now owns 49,576 shares of the company’s stock valued at $4,655,000 after buying an additional 19,458 shares during the last quarter. Finally, Ashton Thomas Securities LLC grew its position in shares of iShares MBS ETF by 2.8% in the 2nd quarter. Ashton Thomas Securities LLC now owns 37,680 shares of the company’s stock valued at $3,538,000 after buying an additional 1,010 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $95.09 on Friday. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $95.97. The business has a 50-day moving average of $94.37 and a 200-day moving average of $93.33.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a $0.3363 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).