Compound Planning Inc. Has $11.91 Million Position in iShares MBS ETF $MBB

Compound Planning Inc. lifted its stake in iShares MBS ETF (NASDAQ:MBB) by 12.6% during the third quarter, HoldingsChannel reports. The fund owned 125,204 shares of the company’s stock after purchasing an additional 13,979 shares during the quarter. Compound Planning Inc.’s holdings in iShares MBS ETF were worth $11,913,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MBB. Security Financial Services INC. grew its stake in shares of iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after buying an additional 6,789 shares in the last quarter. Ironwood Investment Counsel LLC acquired a new stake in iShares MBS ETF in the second quarter valued at approximately $206,000. Dynasty Wealth Management LLC grew its position in iShares MBS ETF by 10.8% in the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after acquiring an additional 160,926 shares in the last quarter. Global Retirement Partners LLC bought a new stake in iShares MBS ETF in the second quarter worth approximately $18,788,000. Finally, Avidian Wealth Enterprises LLC increased its stake in shares of iShares MBS ETF by 3.4% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 709,399 shares of the company’s stock worth $67,499,000 after purchasing an additional 23,459 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $96.56 on Tuesday. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.65. The firm’s fifty day simple moving average is $95.60 and its 200-day simple moving average is $95.24.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.3347 per share. This represents a c) annualized dividend and a yield of 4.2%. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date was Monday, February 2nd.

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).