BlueSky Wealth Advisors LLC Purchases Shares of 165,545 iShares MBS ETF $MBB

BlueSky Wealth Advisors LLC purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the first quarter, HoldingsChannel reports. The institutional investor purchased 165,545 shares of the company’s stock, valued at approximately $15,718,000. iShares MBS ETF accounts for 2.0% of BlueSky Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest position.

Several other hedge funds have also made changes to their positions in MBB. Dakota Wealth Management grew its holdings in iShares MBS ETF by 20.9% in the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after buying an additional 62,909 shares during the period. Brookstone Capital Management lifted its holdings in shares of iShares MBS ETF by 3.2% during the 4th quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after acquiring an additional 9,547 shares during the period. Argent Trust Co lifted its holdings in shares of iShares MBS ETF by 233.6% during the 3rd quarter. Argent Trust Co now owns 9,790 shares of the company’s stock worth $932,000 after acquiring an additional 6,855 shares during the period. Dearborn Partners LLC acquired a new stake in shares of iShares MBS ETF in the third quarter worth approximately $539,000. Finally, Compound Planning Inc. boosted its position in shares of iShares MBS ETF by 12.6% in the third quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock worth $11,913,000 after acquiring an additional 13,979 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock opened at $94.48 on Friday. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96. The firm has a 50 day moving average price of $94.52 and a 200 day moving average price of $95.11.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3334 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).