Regal Investment Advisors LLC Has $4.59 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Regal Investment Advisors LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 6.8% during the 2nd quarter, Holdings Channel reports. The firm owned 49,995 shares of the company’s stock after purchasing an additional 3,174 shares during the period. Regal Investment Advisors LLC’s holdings in iShares MBS ETF were worth $4,590,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MBB. Invst LLC boosted its stake in iShares MBS ETF by 14.7% in the second quarter. Invst LLC now owns 129,805 shares of the company’s stock valued at $11,793,000 after acquiring an additional 16,604 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MBS ETF by 76.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 65,437 shares of the company’s stock valued at $6,008,000 after purchasing an additional 28,456 shares during the period. NewEdge Advisors LLC boosted its position in shares of iShares MBS ETF by 57.0% in the 2nd quarter. NewEdge Advisors LLC now owns 473,381 shares of the company’s stock worth $43,461,000 after purchasing an additional 171,846 shares during the last quarter. Magnolia Capital Advisors LLC bought a new position in shares of iShares MBS ETF in the 2nd quarter worth $634,000. Finally, Forefront Analytics LLC grew its stake in shares of iShares MBS ETF by 5.0% during the second quarter. Forefront Analytics LLC now owns 61,210 shares of the company’s stock worth $5,620,000 after purchasing an additional 2,896 shares during the period. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $96.21 on Monday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $96.76. The stock’s 50-day moving average price is $95.10 and its two-hundred day moving average price is $92.73.

iShares MBS ETF Announces Dividend

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