iShares MBS ETF $MBB Shares Bought by Ignite Planners LLC

Ignite Planners LLC grew its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 26.2% during the second quarter, Holdings Channel reports. The firm owned 3,077 shares of the company’s stock after purchasing an additional 638 shares during the period. Ignite Planners LLC’s holdings in iShares MBS ETF were worth $286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MBB. IMG Wealth Management Inc. acquired a new stake in iShares MBS ETF during the first quarter worth approximately $30,000. Headlands Technologies LLC acquired a new stake in iShares MBS ETF during the first quarter worth approximately $31,000. Flaharty Asset Management LLC acquired a new stake in iShares MBS ETF during the first quarter worth approximately $34,000. MassMutual Private Wealth & Trust FSB raised its holdings in iShares MBS ETF by 317.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares in the last quarter. Finally, MorganRosel Wealth Management LLC acquired a new stake in iShares MBS ETF during the first quarter worth approximately $38,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

MBB stock opened at $95.13 on Thursday. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $95.97. The company’s 50 day moving average is $94.48 and its two-hundred day moving average is $93.36.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.3363 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

About iShares MBS ETF

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).