United Advisor Group LLC Has $666,000 Holdings in iShares MBS ETF $MBB

United Advisor Group LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 229.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 7,096 shares of the company’s stock after buying an additional 4,940 shares during the quarter. United Advisor Group LLC’s holdings in iShares MBS ETF were worth $666,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. LRI Investments LLC bought a new stake in iShares MBS ETF during the second quarter valued at about $30,000. Headlands Technologies LLC bought a new position in shares of iShares MBS ETF in the first quarter worth about $31,000. Tsfg LLC lifted its position in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the last quarter. Flaharty Asset Management LLC acquired a new position in shares of iShares MBS ETF during the 1st quarter worth about $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Up 0.1%

Shares of MBB stock opened at $95.06 on Wednesday. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25. The stock has a 50 day moving average of $95.40 and a 200-day moving average of $93.89.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.342 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date of this dividend was Monday, November 3rd.

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).