Ascent Group LLC Buys 12,736 Shares of iShares MBS ETF $MBB

Ascent Group LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 247,057 shares of the company’s stock after buying an additional 12,736 shares during the period. iShares MBS ETF makes up 0.8% of Ascent Group LLC’s holdings, making the stock its 25th biggest holding. Ascent Group LLC owned about 0.06% of iShares MBS ETF worth $23,507,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Great Diamond Partners LLC lifted its position in shares of iShares MBS ETF by 14.7% during the third quarter. Great Diamond Partners LLC now owns 22,957 shares of the company’s stock valued at $2,184,000 after purchasing an additional 2,947 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of iShares MBS ETF by 8.6% during the 3rd quarter. Continuum Advisory LLC now owns 3,645 shares of the company’s stock worth $347,000 after buying an additional 289 shares in the last quarter. Cobblestone Asset Management LLC lifted its position in shares of iShares MBS ETF by 3.8% during the 3rd quarter. Cobblestone Asset Management LLC now owns 58,291 shares of the company’s stock worth $5,546,000 after buying an additional 2,158 shares in the last quarter. Pure Financial Advisors LLC boosted its stake in shares of iShares MBS ETF by 45.9% in the 3rd quarter. Pure Financial Advisors LLC now owns 11,225 shares of the company’s stock worth $1,068,000 after buying an additional 3,529 shares during the last quarter. Finally, Range Financial Group LLC grew its holdings in shares of iShares MBS ETF by 10.2% in the third quarter. Range Financial Group LLC now owns 14,826 shares of the company’s stock valued at $1,411,000 after acquiring an additional 1,368 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of MBB opened at $95.45 on Wednesday. The stock has a 50 day moving average of $95.39 and a 200 day moving average of $94.55. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.25.

iShares MBS ETF Cuts Dividend

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

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).