Envestnet Portfolio Solutions Inc. Purchases 188,877 Shares of iShares MBS ETF $MBB

Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 9.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,119,612 shares of the company’s stock after acquiring an additional 188,877 shares during the period. iShares MBS ETF accounts for 0.9% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 24th biggest holding. Envestnet Portfolio Solutions Inc. owned approximately 0.50% of iShares MBS ETF worth $200,346,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MBB. Integrity Alliance LLC. increased its position in iShares MBS ETF by 4.9% in the 4th quarter. Integrity Alliance LLC. now owns 265,045 shares of the company’s stock worth $25,238,000 after buying an additional 12,387 shares during the period. WESPAC Advisors SoCal LLC bought a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $3,512,000. Compass Financial Group Inc. Ohio bought a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $2,274,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of iShares MBS ETF in the fourth quarter valued at approximately $1,436,000. Finally, IFG Advisory LLC grew its stake in shares of iShares MBS ETF by 5.2% in the fourth 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. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 1.0%

MBB stock traded down $0.92 on Wednesday, reaching $90.53. 12,659,670 shares of the company were exchanged, compared to its average volume of 2,897,865. iShares MBS ETF has a 12 month low of $90.28 and a 12 month high of $96.96. The stock’s fifty day moving average price is $92.85 and its 200 day moving average price is $93.96.

iShares MBS ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.3388 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, September 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).