TritonPoint Partners LLC Invests $2.26 Million in iShares MBS ETF $MBB

TritonPoint Partners LLC bought a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 23,711 shares of the company’s stock, valued at approximately $2,258,000. iShares MBS ETF accounts for approximately 1.2% of TritonPoint Partners LLC’s portfolio, making the stock its 21st biggest holding.

Other institutional investors have also modified their holdings of the company. Dakota Wealth Management increased its position in shares of iShares MBS ETF by 20.9% during the third quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock worth $34,601,000 after acquiring an additional 62,909 shares during the period. Brookstone Capital Management increased its position in shares of iShares MBS ETF by 3.2% during the fourth quarter. Brookstone Capital Management now owns 308,428 shares of the company’s stock worth $29,368,000 after acquiring an additional 9,547 shares during the period. Argent Trust Co increased its position in shares of iShares MBS ETF by 233.6% during the third quarter. Argent Trust Co now owns 9,790 shares of the company’s stock worth $932,000 after acquiring an additional 6,855 shares during the period. Compound Planning Inc. increased its position in shares of iShares MBS ETF by 12.6% during the third quarter. Compound Planning Inc. now owns 125,204 shares of the company’s stock worth $11,913,000 after acquiring an additional 13,979 shares during the period. Finally, Capital International Investors increased its position in shares of iShares MBS ETF by 161.4% during the third quarter. Capital International Investors now owns 170,644 shares of the company’s stock worth $16,237,000 after acquiring an additional 105,366 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $94.38 on Monday. The firm’s 50 day simple moving average is $94.56 and its 200-day simple moving average is $95.15. iShares MBS ETF has a one year low of $92.38 and a one year high of $96.96.

iShares MBS ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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). 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).