Quadrant Private Wealth Management LLC Raises Stock Holdings in iShares MBS ETF $MBB

Quadrant Private Wealth Management LLC raised its holdings in iShares MBS ETF (NASDAQ:MBB) by 13.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,170 shares of the company’s stock after purchasing an additional 3,146 shares during the period. Quadrant Private Wealth Management LLC’s holdings in iShares MBS ETF were worth $2,551,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC purchased a new stake in iShares MBS ETF in the 4th quarter worth $273,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of iShares MBS ETF in the first quarter valued at about $57,000. MA Private Wealth grew its position in shares of iShares MBS ETF by 5.2% in the first quarter. MA Private Wealth now owns 23,289 shares of the company’s stock valued at $2,184,000 after purchasing an additional 1,151 shares during the period. Quest 10 Wealth Builders Inc. increased its stake in shares of iShares MBS ETF by 68.7% during the first quarter. Quest 10 Wealth Builders Inc. now owns 442 shares of the company’s stock worth $41,000 after purchasing an additional 180 shares in the last quarter. Finally, Northwest Capital Management Inc raised its position in shares of iShares MBS ETF by 11.7% during the 1st quarter. Northwest Capital Management Inc now owns 61,633 shares of the company’s stock worth $5,780,000 after purchasing an additional 6,479 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Up 0.1%

Shares of iShares MBS ETF stock opened at $95.40 on Friday. iShares MBS ETF has a twelve month low of $90.28 and a twelve month high of $96.25. The firm’s 50-day moving average price is $95.30 and its 200 day moving average price is $93.77.

iShares MBS ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.342 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34. The ex-dividend date was Monday, November 3rd.

iShares MBS ETF 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).