VestGen Investment Management Has $1 Million Stock Position in iShares MBS ETF $MBB

VestGen Investment Management raised its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 45.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,678 shares of the company’s stock after purchasing an additional 3,324 shares during the quarter. VestGen Investment Management’s holdings in iShares MBS ETF were worth $1,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC boosted its holdings in iShares MBS ETF by 9.2% during the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock valued at $688,000 after purchasing an additional 614 shares in the last quarter. J.W. Cole Advisors Inc. boosted its holdings in iShares MBS ETF by 173.4% during the first quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock valued at $1,137,000 after purchasing an additional 7,687 shares in the last quarter. Keystone Global Partners LLC boosted its holdings in iShares MBS ETF by 128.9% during the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after purchasing an additional 616 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in iShares MBS ETF by 54.6% during the first quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock valued at $375,000 after purchasing an additional 1,410 shares in the last quarter. Finally, Clarendon Private LLC boosted its holdings in iShares MBS ETF by 5.3% during the second quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock valued at $984,000 after purchasing an additional 530 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB opened at $96.04 on Friday. iShares MBS ETF has a one year low of $90.28 and a one year high of $96.20. The business’s 50 day simple moving average is $94.98 and its 200-day simple moving average is $93.56.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.3363 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

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).