RFG Advisory LLC Buys 6,802 Shares of iShares MBS ETF $MBB

RFG Advisory LLC increased its position in iShares MBS ETF (NASDAQ:MBB) by 170.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,791 shares of the company’s stock after purchasing an additional 6,802 shares during the period. RFG Advisory LLC’s holdings in iShares MBS ETF were worth $1,025,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MBB. Bank of America Corp DE grew its holdings in shares of iShares MBS ETF by 11.8% during the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after buying an additional 7,566,099 shares during the last quarter. LPL Financial LLC raised its holdings in iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock worth $2,656,940,000 after acquiring an additional 1,104,895 shares during the last quarter. TIAA Trust National Association raised its holdings in iShares MBS ETF by 2.5% in the 4th quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock worth $2,479,899,000 after acquiring an additional 646,390 shares during the last quarter. Fisher Asset Management LLC lifted its position in iShares MBS ETF by 5.7% in the 3rd quarter. Fisher Asset Management LLC now owns 22,503,900 shares of the company’s stock valued at $2,141,246,000 after acquiring an additional 1,206,273 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares MBS ETF by 2.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 14,290,044 shares of the company’s stock valued at $1,357,703,000 after acquiring an additional 284,484 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $94.93 on Monday. The business’s fifty day simple moving average is $94.47 and its two-hundred day simple moving average is $95.09. iShares MBS ETF has a 12 month low of $92.40 and a 12 month high of $96.96.

iShares MBS ETF Cuts Dividend

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

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).