Foundations Investment Advisors LLC Purchases 27,098 Shares of iShares MBS ETF $MBB

Foundations Investment Advisors LLC lifted its position in iShares MBS ETF (NASDAQ:MBB) by 6.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 449,470 shares of the company’s stock after acquiring an additional 27,098 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares MBS ETF were worth $42,799,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. IFG Advisory LLC lifted its holdings in shares of iShares MBS ETF by 5.2% in the 4th quarter. IFG Advisory LLC now owns 127,562 shares of the company’s stock worth $12,146,000 after acquiring an additional 6,292 shares during the last quarter. Huntington National Bank boosted its stake in shares of iShares MBS ETF by 4.9% during the fourth quarter. Huntington National Bank now owns 183,360 shares of the company’s stock valued at $17,460,000 after purchasing an additional 8,491 shares during the period. Kingsview Wealth Management LLC boosted its stake in shares of iShares MBS ETF by 5.6% during the fourth quarter. Kingsview Wealth Management LLC now owns 222,473 shares of the company’s stock valued at $21,184,000 after purchasing an additional 11,758 shares during the period. Key Financial Inc boosted its stake in shares of iShares MBS ETF by 96.9% during the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after purchasing an additional 187 shares during the period. Finally, Integrity Alliance LLC. boosted its stake in shares of iShares MBS ETF by 4.9% during the fourth quarter. Integrity Alliance LLC. now owns 265,045 shares of the company’s stock valued at $25,238,000 after purchasing an additional 12,387 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB opened at $94.38 on Thursday. iShares MBS ETF has a 12-month low of $91.56 and a 12-month high of $96.96. The firm has a fifty day moving average price of $94.67 and a 200-day moving average price of $95.24.

iShares MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.3346 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, May 1st.

About iShares MBS ETF

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).