Zinnia Wealth Advisory LLC Takes $687,000 Position in iShares MBS ETF $MBB

Zinnia Wealth Advisory LLC purchased a new position in shares of iShares MBS ETF (NASDAQ:MBB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,220 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors also recently modified their holdings of the business. ESL Trust Services LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at $28,000. Nemes Rush Group LLC lifted its holdings in iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares during the period. Aventura Private Wealth LLC bought a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $35,000. Wealth Watch Advisors INC bought a new stake in shares of iShares MBS ETF in the 3rd quarter valued at about $35,000. Finally, Key Financial Inc increased its stake in shares of iShares MBS ETF by 96.9% in the fourth quarter. Key Financial Inc now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 187 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.38 on Monday. iShares MBS ETF has a 1-year low of $92.38 and a 1-year high of $96.96. The stock has a 50-day moving average of $94.56 and a 200-day moving average of $95.15.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3334 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, June 1st.

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).