Kingsview Wealth Management LLC Has $23.61 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Kingsview Wealth Management LLC boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 70.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 257,553 shares of the company’s stock after buying an additional 106,443 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares MBS ETF were worth $23,613,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MBB. Ignite Planners LLC increased its stake in iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock valued at $226,000 after purchasing an additional 115 shares in the last quarter. Strategic Blueprint LLC increased its stake in iShares MBS ETF by 0.6% during the 3rd quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock valued at $1,792,000 after purchasing an additional 116 shares in the last quarter. Savvy Advisors Inc. raised its holdings in iShares MBS ETF by 4.3% during the third quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock worth $280,000 after buying an additional 121 shares during the last quarter. Delos Wealth Advisors LLC lifted its stake in shares of iShares MBS ETF by 4.3% in the third quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock valued at $281,000 after buying an additional 121 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares MBS ETF by 18.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 794 shares of the company’s stock valued at $73,000 after buying an additional 125 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

MBB stock opened at $92.18 on Friday. The stock’s 50 day moving average is $92.04 and its 200-day moving average is $93.53. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Increases Dividend

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

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).