Foundations Investment Advisors LLC Has $30.52 Million Stock Position in iShares MBS ETF (NASDAQ:MBB)

Foundations Investment Advisors LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 6.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 318,530 shares of the company’s stock after buying an additional 19,129 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares MBS ETF were worth $30,518,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of MBB. Financial Management Professionals Inc. acquired a new position in iShares MBS ETF during the first quarter worth about $26,000. Chris Bulman Inc bought a new stake in shares of iShares MBS ETF during the 2nd quarter valued at approximately $31,000. Rothschild Investment LLC acquired a new position in iShares MBS ETF during the 2nd quarter worth approximately $33,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF in the 3rd quarter valued at approximately $33,000. Finally, PSI Advisors LLC lifted its stake in iShares MBS ETF by 2,289.5% in the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of iShares MBS ETF stock opened at $93.42 on Tuesday. The company’s 50 day moving average price is $95.36 and its two-hundred day moving average price is $93.02. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.76.

iShares MBS ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).