Brookstone Capital Management Raises Stock Holdings in iShares MBS ETF $MBB

Brookstone Capital Management raised its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 2.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 315,815 shares of the company’s stock after acquiring an additional 7,387 shares during the period. Brookstone Capital Management’s holdings in iShares MBS ETF were worth $29,987,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. ESL Trust Services LLC acquired a new position in iShares MBS ETF in the fourth quarter valued at approximately $28,000. First Community Trust NA purchased a new position in shares of iShares MBS ETF during the 1st quarter valued at approximately $32,000. Nemes Rush Group LLC increased its holdings in shares of iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after purchasing an additional 206 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in shares of iShares MBS ETF in the 4th quarter valued at $35,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of iShares MBS ETF in the 3rd quarter valued at $35,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $94.48 on Monday. The business’s 50 day moving average price is $94.52 and its 200-day moving average price is $95.11. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently disclosed 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 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).