Sunesis Advisors LLC Takes Position in iShares MBS ETF $MBB

Sunesis Advisors LLC bought a new stake in iShares MBS ETF (NASDAQ:MBB) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 40,692 shares of the company’s stock, valued at approximately $3,872,000. iShares MBS ETF accounts for about 1.8% of Sunesis Advisors LLC’s investment portfolio, making the stock its 9th biggest holding.

Several other hedge funds have also bought and sold shares of the company. Security Financial Services INC. boosted its stake in iShares MBS ETF by 5.9% in the 3rd quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock valued at $11,513,000 after purchasing an additional 6,789 shares during the period. DAVENPORT & Co LLC increased its position in iShares MBS ETF by 9.2% during the second quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock worth $688,000 after acquiring an additional 614 shares during the period. Ironwood Investment Counsel LLC acquired a new stake in iShares MBS ETF in the 2nd quarter worth about $206,000. Dynasty Wealth Management LLC boosted its holdings in iShares MBS ETF by 10.8% in the 3rd quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock valued at $156,916,000 after purchasing an additional 160,926 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in shares of iShares MBS ETF during the 2nd quarter worth approximately $18,788,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Trading Up 0.0%

NASDAQ MBB opened at $95.53 on Monday. The company has a 50 day moving average of $95.37 and a 200-day moving average of $95.02. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.25.

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 given a dividend of $0.3347 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33.

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).