iShares MBS ETF (MBB) Stake Lifted by Brookstone Capital Management

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Brookstone Capital Management grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 8.7% in the fourth quarter, HoldingsChannel reports. The firm owned 23,421 shares of the company’s stock after purchasing an additional 1,866 shares during the period. Brookstone Capital Management’s holdings in iShares MBS ETF were worth $2,451,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. Advocacy Wealth Management Services LLC purchased a new position in iShares MBS ETF in the fourth quarter worth $39,000. Financial Gravity Companies Inc. purchased a new position in iShares MBS ETF in the fourth quarter worth $54,000. Essex Savings Bank purchased a new position in iShares MBS ETF in the fourth quarter worth $84,000. Honkamp Krueger Financial Services Inc. purchased a new position in iShares MBS ETF in the third quarter worth $116,000. Finally, CLS Investments LLC grew its position in iShares MBS ETF by 5,995.2% in the third quarter. CLS Investments LLC now owns 1,280 shares of the company’s stock worth $132,000 after acquiring an additional 1,259 shares in the last quarter.

Shares of NASDAQ:MBB opened at $104.95 on Thursday. iShares MBS ETF has a 52-week low of $101.75 and a 52-week high of $105.51.

The business also recently announced a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, February 1st. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.08. This represents a $3.48 annualized dividend and a yield of 3.32%.

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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).

Read More: What is Net Asset Value (NAV)?

Want to see what other hedge funds are holding MBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MBS ETF (NASDAQ:MBB).

Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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