Parkside Investments LLC Purchases 97,942 Shares of iShares MBS ETF $MBB

Parkside Investments LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 39.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 346,303 shares of the company’s stock after buying an additional 97,942 shares during the period. iShares MBS ETF makes up 4.1% of Parkside Investments LLC’s holdings, making the stock its 6th biggest position. Parkside Investments LLC owned 0.08% of iShares MBS ETF worth $32,951,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Delos Wealth Advisors LLC bought a new position in iShares MBS ETF during the second quarter worth about $26,000. Howe & Rusling Inc. grew its position in shares of iShares MBS ETF by 184.0% during the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after purchasing an additional 184 shares in the last quarter. Tsfg LLC increased its holdings in shares of iShares MBS ETF by 106.8% during the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the period. Westfuller Advisors LLC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at approximately $33,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of iShares MBS ETF in the second quarter valued at approximately $39,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $96.55 on Wednesday. The business’s 50 day simple moving average is $95.63 and its 200 day simple moving average is $95.26. iShares MBS ETF has a 1 year low of $90.84 and a 1 year high of $96.65.

iShares MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.3347 per share. This is an increase from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend 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). 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).