Pensionmark Financial Group LLC Has $335,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Pensionmark Financial Group LLC decreased its position in iShares MBS ETF (NASDAQ:MBBGet Rating) by 69.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,358 shares of the company’s stock after selling 7,602 shares during the period. Pensionmark Financial Group LLC’s holdings in iShares MBS ETF were worth $335,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Prospera Financial Services Inc grew its holdings in shares of iShares MBS ETF by 23.8% in the 1st quarter. Prospera Financial Services Inc now owns 2,779 shares of the company’s stock valued at $283,000 after acquiring an additional 535 shares in the last quarter. MUFG Americas Holdings Corp grew its holdings in shares of iShares MBS ETF by 11.0% in the 1st quarter. MUFG Americas Holdings Corp now owns 9,130 shares of the company’s stock valued at $930,000 after acquiring an additional 903 shares in the last quarter. Phillips Financial Management LLC bought a new position in shares of iShares MBS ETF in the 1st quarter valued at about $308,000. CIBC Asset Management Inc grew its holdings in shares of iShares MBS ETF by 30.8% in the 1st quarter. CIBC Asset Management Inc now owns 335,417 shares of the company’s stock valued at $34,169,000 after acquiring an additional 79,004 shares in the last quarter. Finally, Fairfield Bush & CO. bought a new position in shares of iShares MBS ETF in the 1st quarter valued at about $33,000.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $93.99 on Thursday. The business has a 50-day moving average of $91.39 and a 200-day moving average of $95.39. iShares MBS ETF has a fifty-two week low of $88.00 and a fifty-two week high of $107.88.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 7th. Investors of record on Wednesday, November 2nd were issued a dividend of $0.196 per share. This represents a $2.35 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend was Tuesday, November 1st.

iShares MBS ETF Company Profile

(Get Rating)

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).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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