Bristlecone Advisors LLC Acquires 8,592 Shares of iShares MBS ETF $MBB

Bristlecone Advisors LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 26.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,475 shares of the company’s stock after buying an additional 8,592 shares during the quarter. Bristlecone Advisors LLC’s holdings in iShares MBS ETF were worth $3,851,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Trilogy Capital Inc. lifted its position in shares of iShares MBS ETF by 33.2% during the third quarter. Trilogy Capital Inc. now owns 21,980 shares of the company’s stock worth $2,091,000 after acquiring an additional 5,479 shares in the last quarter. Clearview Wealth Advisors LLC lifted its holdings in iShares MBS ETF by 4.0% during the 3rd quarter. Clearview Wealth Advisors LLC now owns 16,100 shares of the company’s stock worth $1,532,000 after purchasing an additional 614 shares in the last quarter. Catalina Capital Group LLC boosted its stake in iShares MBS ETF by 4.8% in the 3rd quarter. Catalina Capital Group LLC now owns 5,122 shares of the company’s stock worth $487,000 after purchasing an additional 235 shares during the period. Heck Capital Advisors LLC grew its holdings in iShares MBS ETF by 115.4% during the 3rd quarter. Heck Capital Advisors LLC now owns 144,185 shares of the company’s stock valued at $13,719,000 after buying an additional 77,257 shares in the last quarter. Finally, Steinberganna Wealth Management purchased a new position in iShares MBS ETF during the 3rd quarter valued at about $810,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $95.80 on Friday. The company’s 50-day moving average price is $95.31 and its 200-day moving average price is $94.67. 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 company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.334 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

About iShares MBS ETF

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).