Foundations Investment Advisors LLC Boosts Stock Position in iShares MBS ETF $MBB

Foundations Investment Advisors LLC lifted its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 449,470 shares of the company’s stock after purchasing an additional 27,098 shares during the quarter. Foundations Investment Advisors LLC owned 0.11% of iShares MBS ETF worth $42,799,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Howe & Rusling Inc. grew its holdings in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock valued at $27,000 after purchasing an additional 184 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at $35,000. Wealth Watch Advisors INC purchased a new position in shares of iShares MBS ETF in the third quarter valued at $35,000. Key Financial Inc grew its holdings in shares of iShares MBS ETF by 96.9% in the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 187 shares in the last quarter. Finally, Dunhill Financial LLC grew its holdings in shares of iShares MBS ETF by 3,554.5% in the fourth quarter. Dunhill Financial LLC now owns 402 shares of the company’s stock valued at $38,000 after purchasing an additional 391 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.38 on Thursday. The business has a fifty day moving average of $94.67 and a 200 day moving average of $95.24. iShares MBS ETF has a 52-week low of $91.56 and a 52-week high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.3346 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, May 1st.

iShares MBS ETF Company 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).