Lion Street Advisors LLC Buys 1,697 Shares of iShares MBS ETF $MBB

Lion Street Advisors LLC lifted its stake in shares of iShares MBS ETF (NASDAQ:MBB) by 9.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,455 shares of the company’s stock after purchasing an additional 1,697 shares during the quarter. Lion Street Advisors LLC’s holdings in iShares MBS ETF were worth $1,920,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. MGO One Seven LLC boosted its position in iShares MBS ETF by 218.0% during the 2nd quarter. MGO One Seven LLC now owns 18,773 shares of the company’s stock worth $1,763,000 after buying an additional 12,870 shares during the period. ONE Advisory Partners LLC boosted its position in iShares MBS ETF by 13.0% during the 2nd quarter. ONE Advisory Partners LLC now owns 5,066 shares of the company’s stock worth $471,000 after buying an additional 582 shares during the period. Allspring Global Investments Holdings LLC boosted its position in iShares MBS ETF by 0.8% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 196,005 shares of the company’s stock worth $18,403,000 after buying an additional 1,466 shares during the period. RHS Financial LLC boosted its position in iShares MBS ETF by 17.9% during the 2nd quarter. RHS Financial LLC now owns 19,212 shares of the company’s stock worth $1,804,000 after buying an additional 2,914 shares during the period. Finally, Clarendon Private LLC boosted its position in iShares MBS ETF by 5.3% during the 2nd quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock worth $984,000 after buying an additional 530 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.4%

NASDAQ:MBB opened at $95.28 on Monday. The firm’s 50 day simple moving average is $94.55 and its 200 day simple moving average is $93.40. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3363 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend 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).