iShares MBS ETF $MBB Shares Purchased by Brookstone Capital Management

Brookstone Capital Management raised its position in iShares MBS ETF (NASDAQ:MBB) by 3.1% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 298,881 shares of the company’s stock after purchasing an additional 8,897 shares during the period. Brookstone Capital Management owned 0.07% of iShares MBS ETF worth $28,439,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Security Financial Services INC. grew its position in shares of iShares MBS ETF by 5.9% in the third quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after purchasing an additional 6,789 shares in the last quarter. DAVENPORT & Co LLC lifted its position in iShares MBS ETF by 9.2% during the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after buying an additional 614 shares in the last quarter. Ironwood Investment Counsel LLC acquired a new position in iShares MBS ETF during the second quarter worth $206,000. Global Retirement Partners LLC purchased a new stake in iShares MBS ETF in the 2nd quarter valued at $18,788,000. Finally, Keystone Global Partners LLC grew its holdings in iShares MBS ETF by 128.9% in the 2nd quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after buying an additional 616 shares in the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.3%

Shares of MBB opened at $95.42 on Thursday. iShares MBS ETF has a 52-week low of $90.28 and a 52-week high of $96.25. The stock has a fifty day simple moving average of $95.44 and a two-hundred day simple moving average of $94.45.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.334 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).