Cornerstone Planning Group LLC Increases Stock Holdings in iShares MBS ETF $MBB

Cornerstone Planning Group LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 3,497.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 26,477 shares of the company’s stock after acquiring an additional 25,741 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares MBS ETF were worth $2,529,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in MBB. Delos Wealth Advisors LLC purchased a new stake in iShares MBS ETF during the 2nd quarter worth approximately $26,000. LRI Investments LLC purchased a new stake in iShares MBS ETF during the 2nd quarter worth about $30,000. Tsfg LLC raised its position in iShares MBS ETF by 106.8% in the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares in the last quarter. Westfuller Advisors LLC purchased a new position in shares of iShares MBS ETF in the 3rd quarter valued at about $33,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of iShares MBS ETF in the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $95.23 on Tuesday. The business has a 50-day simple moving average of $95.41 and a 200-day simple moving average of $94.96. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.25.

iShares MBS ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.3347 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a 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).