Ascent Group LLC Boosts Position in iShares MBS ETF (NASDAQ:MBB)

Ascent Group LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 27.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,549 shares of the company’s stock after purchasing an additional 16,488 shares during the quarter. Ascent Group LLC’s holdings in iShares MBS ETF were worth $7,028,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. purchased a new stake in iShares MBS ETF during the first quarter worth approximately $26,000. Chris Bulman Inc purchased a new stake in iShares MBS ETF during the second quarter worth approximately $31,000. Versant Capital Management Inc purchased a new stake in iShares MBS ETF during the first quarter worth approximately $32,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF during the second quarter worth approximately $33,000. Finally, Able Wealth Management LLC purchased a new stake in iShares MBS ETF during the fourth quarter worth approximately $43,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $96.21 on Friday. The business has a 50 day moving average price of $95.10 and a 200 day moving average price of $92.73. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.76.

iShares MBS ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 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).