15,082 Shares in iShares MBS ETF $MBB Acquired by Portfolio Resources Advisor Group Inc.

Portfolio Resources Advisor Group Inc. acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 15,082 shares of the company’s stock, valued at approximately $1,436,000. iShares MBS ETF makes up approximately 1.4% of Portfolio Resources Advisor Group Inc.’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MBB. Brighton Jones LLC bought a new position in iShares MBS ETF in the 4th quarter worth approximately $273,000. AQR Capital Management LLC grew its holdings in iShares MBS ETF by 11.4% in the 1st quarter. AQR Capital Management LLC now owns 10,134 shares of the company’s stock worth $950,000 after buying an additional 1,034 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares MBS ETF by 13.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 378,767 shares of the company’s stock worth $35,521,000 after buying an additional 43,527 shares in the last quarter. Invesco Ltd. grew its holdings in iShares MBS ETF by 2.5% in the 2nd quarter. Invesco Ltd. now owns 11,446 shares of the company’s stock worth $1,075,000 after buying an additional 279 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in iShares MBS ETF during the 2nd quarter valued at $240,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ MBB opened at $94.38 on Monday. The stock has a fifty day moving average price of $94.56 and a two-hundred day moving average price of $95.15. iShares MBS ETF has a 1 year low of $92.38 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 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).