Brookstone Capital Management Grows Holdings in iShares MBS ETF $MBB

Brookstone Capital Management grew its position in iShares MBS ETF (NASDAQ:MBB) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 308,428 shares of the company’s stock after acquiring an additional 9,547 shares during the period. Brookstone Capital Management owned about 0.07% of iShares MBS ETF worth $29,368,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. FWG Investments LLC. grew its position in shares of iShares MBS ETF by 4.0% during the 3rd quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock valued at $272,000 after acquiring an additional 109 shares during the period. Alesco Advisors LLC increased its stake in shares of iShares MBS ETF by 0.8% in the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock valued at $1,275,000 after purchasing an additional 110 shares in the last quarter. Lynx Investment Advisory raised its holdings in iShares MBS ETF by 4.5% in the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock worth $245,000 after purchasing an additional 110 shares during the period. OMNI 360 Wealth Inc. raised its holdings in iShares MBS ETF by 2.3% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after purchasing an additional 113 shares during the period. Finally, Coordinated Financial Services Inc. boosted its position in iShares MBS ETF by 0.6% during the third quarter. Coordinated Financial Services Inc. now owns 19,481 shares of the company’s stock worth $1,854,000 after purchasing an additional 118 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 $94.72 on Tuesday. iShares MBS ETF has a 12 month low of $90.84 and a 12 month high of $96.96. The stock’s 50 day moving average is $95.58 and its two-hundred day moving average is $95.45.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.3278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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). 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).