Foundations Investment Advisors LLC Purchases 51,509 Shares of iShares MBS ETF (NASDAQ:MBB)

Foundations Investment Advisors LLC boosted its position in iShares MBS ETF (NASDAQ:MBB) by 16.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 370,039 shares of the company’s stock after purchasing an additional 51,509 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares MBS ETF were worth $33,925,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Parkside Investments LLC lifted its stake in shares of iShares MBS ETF by 2.9% during the 4th quarter. Parkside Investments LLC now owns 142,986 shares of the company’s stock valued at $13,109,000 after buying an additional 4,056 shares in the last quarter. Cobblestone Asset Management LLC lifted its stake in iShares MBS ETF by 1.9% in the 4th quarter. Cobblestone Asset Management LLC now owns 61,925 shares of the company’s stock worth $5,677,000 after purchasing an additional 1,144 shares in the last quarter. Two West Capital Advisors LLC lifted its stake in iShares MBS ETF by 20.2% in the 4th quarter. Two West Capital Advisors LLC now owns 11,247 shares of the company’s stock worth $1,031,000 after purchasing an additional 1,889 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in iShares MBS ETF by 19.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 5,632 shares of the company’s stock worth $516,000 after purchasing an additional 916 shares in the last quarter. Finally, Legacy Financial Group LLC lifted its stake in iShares MBS ETF by 12.0% in the 4th quarter. Legacy Financial Group LLC now owns 65,356 shares of the company’s stock worth $5,992,000 after purchasing an additional 7,009 shares in the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $92.09 on Monday. The company’s fifty day moving average price is $92.16 and its 200-day moving average price is $93.59. iShares MBS ETF has a one year low of $89.16 and a one year high of $96.76.

iShares MBS ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2944 per share. The ex-dividend date was Wednesday, December 18th.

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).