Forefront Analytics LLC Purchases 2,896 Shares of iShares MBS ETF (NASDAQ:MBB)

Forefront Analytics LLC grew its position in iShares MBS ETF (NASDAQ:MBB) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,210 shares of the company’s stock after purchasing an additional 2,896 shares during the period. iShares MBS ETF makes up approximately 2.7% of Forefront Analytics LLC’s investment portfolio, making the stock its 16th largest holding. Forefront Analytics LLC’s holdings in iShares MBS ETF were worth $5,620,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Financial Management Professionals Inc. acquired a new position in iShares MBS ETF during the first quarter worth $26,000. Chris Bulman Inc bought a new stake in iShares MBS ETF during the 2nd quarter worth about $31,000. Versant Capital Management Inc bought a new stake in iShares MBS ETF during the 1st quarter worth about $32,000. Rothschild Investment LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth about $33,000. Finally, PSI Advisors LLC grew its holdings in shares of iShares MBS ETF by 2,289.5% in the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after acquiring an additional 435 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Up 0.2 %

NASDAQ:MBB opened at $96.21 on Friday. The stock’s 50-day simple moving average is $95.10 and its 200 day simple moving average is $92.73. iShares MBS ETF has a 52-week low of $85.28 and a 52-week high of $96.76.

iShares MBS ETF Announces Dividend

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

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).