Assetmark Inc. Purchases 212,243 Shares of iShares MBS ETF $MBB

Assetmark Inc. increased its position in iShares MBS ETF (NASDAQ:MBB) by 25.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,037,313 shares of the company’s stock after purchasing an additional 212,243 shares during the quarter. Assetmark Inc. owned approximately 0.24% of iShares MBS ETF worth $97,393,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. DAVENPORT & Co LLC raised its holdings in shares of iShares MBS ETF by 9.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock valued at $688,000 after purchasing an additional 614 shares during the period. J.W. Cole Advisors Inc. raised its holdings in shares of iShares MBS ETF by 173.4% in the 1st 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 during the period. Keystone Global Partners LLC raised its holdings in shares of iShares MBS ETF by 128.9% in the 2nd 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 during the period. Golden State Wealth Management LLC grew its stake in iShares MBS ETF by 54.6% in the 1st quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock valued at $375,000 after buying an additional 1,410 shares during the last quarter. Finally, Clarendon Private LLC grew its stake in iShares MBS ETF by 5.3% in the 2nd quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock valued at $984,000 after buying an additional 530 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.7%

Shares of MBB opened at $95.59 on Thursday. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.25. The firm’s 50-day simple moving average is $95.12 and its 200 day simple moving average is $93.64.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.3363 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis 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).