Pettinga Financial Advisors LLC Acquires 28,951 Shares of iShares MBS ETF $MBB

Pettinga Financial Advisors LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 42.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,063 shares of the company’s stock after buying an additional 28,951 shares during the quarter. iShares MBS ETF accounts for about 1.5% of Pettinga Financial Advisors LLC’s holdings, making the stock its 22nd biggest position. Pettinga Financial Advisors LLC’s holdings in iShares MBS ETF were worth $9,174,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Edge Advisors LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter worth approximately $1,687,000. World Investment Advisors boosted its position in shares of iShares MBS ETF by 99.0% during the fourth quarter. World Investment Advisors now owns 112,883 shares of the company’s stock valued at $10,749,000 after buying an additional 56,162 shares during the last quarter. Intrua Financial LLC purchased a new position in shares of iShares MBS ETF during the fourth quarter valued at approximately $1,604,000. J.M. Arbour LLC bought a new stake in iShares MBS ETF during the fourth quarter worth $1,923,000. Finally, Quattro Financial Advisors LLC grew its holdings in iShares MBS ETF by 42.4% during the fourth quarter. Quattro Financial Advisors LLC now owns 69,903 shares of the company’s stock worth $6,656,000 after buying an additional 20,823 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.27 on Monday. The business has a fifty day simple moving average of $93.89 and a 200 day simple moving average of $94.72. iShares MBS ETF has a 12 month low of $92.68 and a 12 month high of $96.96.

iShares MBS ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.3413 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.34.

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).