Pettinga Financial Advisors LLC Increases Stock Position in iShares MBS ETF $MBB

Pettinga Financial Advisors LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 27.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,211 shares of the company’s stock after purchasing an additional 13,981 shares during the period. iShares MBS ETF makes up about 1.2% of Pettinga Financial Advisors LLC’s holdings, making the stock its 24th biggest position. Pettinga Financial Advisors LLC’s holdings in iShares MBS ETF were worth $6,110,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Delos Wealth Advisors LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter valued at approximately $26,000. LRI Investments LLC purchased a new position in iShares MBS ETF in the second quarter worth $30,000. Tsfg LLC raised its position in iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares in the last quarter. Flaharty Asset Management LLC acquired a new stake in iShares MBS ETF in the first quarter valued at $34,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after acquiring an additional 295 shares during the period. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Down 0.1%

NASDAQ:MBB opened at $95.14 on Friday. iShares MBS ETF has a fifty-two week low of $90.28 and a fifty-two week high of $96.25. The firm’s fifty day simple moving average is $95.35 and its 200-day simple moving average is $94.59.

iShares MBS ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.334 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, December 19th.

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).