iShares MBS ETF $MBB Shares Purchased by Brookstone Capital Management

Brookstone Capital Management boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.1% in the third quarter, HoldingsChannel.com reports. The fund owned 298,881 shares of the company’s stock after purchasing an additional 8,897 shares during the period. Brookstone Capital Management’s holdings in iShares MBS ETF were worth $28,439,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Security Financial Services INC. increased its stake in iShares MBS ETF by 5.9% during the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after buying an additional 6,789 shares during the period. DAVENPORT & Co LLC grew its stake in shares of iShares MBS ETF by 9.2% in the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after acquiring an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC purchased a new stake in shares of iShares MBS ETF during the second quarter worth $206,000. Global Retirement Partners LLC purchased a new stake in shares of iShares MBS ETF during the second quarter worth $18,788,000. Finally, Keystone Global Partners LLC raised its stake in shares of iShares MBS ETF by 128.9% in the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after acquiring an additional 616 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.3%

NASDAQ:MBB opened at $95.42 on Thursday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.25. The stock has a fifty day moving average price of $95.44 and a 200 day moving average price of $94.45.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.334 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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). 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).