Forefront Analytics LLC Has $5.62 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Forefront Analytics LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 61,210 shares of the company’s stock after purchasing an additional 2,896 shares during the period. iShares MBS ETF accounts for approximately 2.7% of Forefront Analytics LLC’s holdings, making the stock its 16th largest position. Forefront Analytics LLC’s holdings in iShares MBS ETF were worth $5,620,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MBB. Financial Management Professionals Inc. bought a new position in shares of iShares MBS ETF during the 1st quarter worth approximately $26,000. Chris Bulman Inc bought a new position in iShares MBS ETF during the second quarter worth $31,000. Versant Capital Management Inc acquired a new position in shares of iShares MBS ETF in the first quarter valued at $32,000. Rothschild Investment LLC bought a new position in shares of iShares MBS ETF in the second quarter valued at about $33,000. Finally, PSI Advisors LLC lifted its stake in shares of iShares MBS ETF by 2,289.5% during the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after buying an additional 435 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2 %

Shares of MBB stock opened at $96.21 on Friday. iShares MBS ETF has a 52 week low of $85.28 and a 52 week high of $96.76. The company has a 50-day simple moving average of $95.10 and a 200 day simple moving average of $92.73.

iShares MBS ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3177 dividend. The ex-dividend date was Tuesday, September 3rd.

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).