Kingsview Wealth Management LLC Purchases 106,443 Shares of iShares MBS ETF (NASDAQ:MBB)

Kingsview Wealth Management LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 70.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 257,553 shares of the company’s stock after purchasing an additional 106,443 shares during the quarter. Kingsview Wealth Management LLC owned about 0.07% of iShares MBS ETF worth $23,613,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC acquired a new stake in shares of iShares MBS ETF in the third quarter valued at approximately $2,960,000. Patten Group Inc. lifted its position in shares of iShares MBS ETF by 5.1% during the 3rd quarter. Patten Group Inc. now owns 4,179 shares of the company’s stock valued at $400,000 after acquiring an additional 201 shares during the period. Pinnacle Bancorp Inc. grew its holdings in shares of iShares MBS ETF by 4.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 8,924 shares of the company’s stock worth $855,000 after purchasing an additional 378 shares in the last quarter. Hudson Capital Management LLC increased its position in shares of iShares MBS ETF by 1.2% in the third quarter. Hudson Capital Management LLC now owns 50,084 shares of the company’s stock worth $4,799,000 after purchasing an additional 577 shares during the period. Finally, LVW Advisors LLC grew its stake in iShares MBS ETF by 4.0% during the third quarter. LVW Advisors LLC now owns 75,047 shares of the company’s stock worth $7,190,000 after buying an additional 2,907 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.18 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The company’s 50 day simple moving average is $92.04 and its 200 day simple moving average is $93.53.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3414 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares MBS ETF’s previous dividend of $0.29.

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).