Optivise Advisory Services LLC Grows Position in iShares MBS ETF $MBB

Optivise Advisory Services LLC lifted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 18.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,298 shares of the company’s stock after purchasing an additional 2,591 shares during the quarter. Optivise Advisory Services LLC’s holdings in iShares MBS ETF were worth $1,530,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of MBB. LRI Investments LLC purchased a new position in iShares MBS ETF during the second quarter worth about $30,000. Headlands Technologies LLC purchased a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $31,000. Tsfg LLC boosted its position in shares of iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the period. Flaharty Asset Management LLC purchased a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares MBS ETF by 317.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock worth $36,000 after purchasing an additional 295 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB opened at $95.11 on Tuesday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25. The business has a fifty day simple moving average of $95.22 and a 200-day simple moving average of $93.71.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be issued a dividend of $0.342 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date is Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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).