Orion Porfolio Solutions LLC Purchases 13,700 Shares of iShares MBS ETF $MBB

Orion Porfolio Solutions LLC grew its position in shares of iShares MBS ETF (NASDAQ:MBB) by 10.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 147,794 shares of the company’s stock after purchasing an additional 13,700 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in iShares MBS ETF were worth $14,063,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MBB. FSC Wealth Advisors LLC grew its position in iShares MBS ETF by 1.3% during the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock valued at $804,000 after acquiring an additional 107 shares during the last quarter. FWG Investments LLC. grew its holdings in shares of iShares MBS ETF by 4.0% during the 3rd quarter. FWG Investments LLC. now owns 2,858 shares of the company’s stock valued at $272,000 after purchasing an additional 109 shares during the last quarter. Alesco Advisors LLC grew its holdings in shares of iShares MBS ETF by 0.8% during the 3rd quarter. Alesco Advisors LLC now owns 13,395 shares of the company’s stock valued at $1,275,000 after purchasing an additional 110 shares during the last quarter. Lynx Investment Advisory raised its position in iShares MBS ETF by 4.5% in the 3rd quarter. Lynx Investment Advisory now owns 2,575 shares of the company’s stock worth $245,000 after purchasing an additional 110 shares during the period. Finally, OMNI 360 Wealth Inc. lifted its stake in iShares MBS ETF by 2.3% in the third quarter. OMNI 360 Wealth Inc. now owns 4,925 shares of the company’s stock worth $469,000 after purchasing an additional 113 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB opened at $95.62 on Friday. The company has a 50-day simple moving average of $95.76 and a two-hundred day simple moving average of $95.36. iShares MBS ETF has a 12-month low of $90.84 and a 12-month high of $96.96.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3278 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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). 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).