LifePlan Investment Advisors Inc. Has $2.57 Million Stock Position in iShares MBS ETF $MBB

LifePlan Investment Advisors Inc. increased its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 27.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 27,229 shares of the company’s stock after acquiring an additional 5,899 shares during the period. LifePlan Investment Advisors Inc.’s holdings in iShares MBS ETF were worth $2,574,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $138,835,000. Bank of Montreal Can increased its stake in shares of iShares MBS ETF by 102.6% during the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after purchasing an additional 1,460,545 shares during the period. LPL Financial LLC increased its stake in shares of iShares MBS ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after purchasing an additional 1,104,895 shares during the period. Renaissancere Holdings Ltd. lifted its holdings in iShares MBS ETF by 34.9% during the 3rd quarter. Renaissancere Holdings Ltd. now owns 3,852,431 shares of the company’s stock worth $366,559,000 after purchasing an additional 997,000 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in iShares MBS ETF by 1,599.6% during the 4th quarter. Beacon Pointe Advisors LLC now owns 851,186 shares of the company’s stock worth $81,050,000 after purchasing an additional 801,103 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $92.66 on Friday. The business has a fifty day simple moving average of $93.45 and a 200 day simple moving average of $94.39. iShares MBS ETF has a 1 year low of $92.28 and a 1 year high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.3388 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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).