Successful Portfolios LLC Buys 963 Shares of iShares MBS ETF (NASDAQ:MBB)

Successful Portfolios LLC grew its stake in iShares MBS ETF (NASDAQ:MBB) by 23.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,987 shares of the company’s stock after purchasing an additional 963 shares during the quarter. Successful Portfolios LLC’s holdings in iShares MBS ETF were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MBB. Register Financial Advisors LLC increased its holdings in shares of iShares MBS ETF by 584.6% during the fourth quarter. Register Financial Advisors LLC now owns 267 shares of the company’s stock worth $25,000 after purchasing an additional 228 shares during the period. Financial Management Professionals Inc. bought a new position in shares of iShares MBS ETF during the first quarter valued at $26,000. LFA Lugano Financial Advisors SA acquired a new stake in iShares MBS ETF during the 4th quarter valued at approximately $28,000. Kozak & Associates Inc. bought a new position in iShares MBS ETF during the fourth quarter worth $31,000. Finally, Versant Capital Management Inc bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at about $32,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.5 %

NASDAQ:MBB opened at $91.81 on Monday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $94.55. The company has a fifty day moving average of $91.24 and a 200-day moving average of $91.98.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a $0.3002 dividend. This represents a $3.60 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date was Monday, June 3rd.

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).