FSC Wealth Advisors LLC Has $505,000 Stock Position in iShares MBS ETF (NASDAQ:MBB)

FSC Wealth Advisors LLC raised its position in iShares MBS ETF (NASDAQ:MBB) by 10.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,271 shares of the company’s stock after purchasing an additional 491 shares during the period. FSC Wealth Advisors LLC’s holdings in iShares MBS ETF were worth $505,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new stake in shares of iShares MBS ETF in the 1st quarter valued at approximately $26,000. Chris Bulman Inc bought a new position in iShares MBS ETF in the 2nd quarter worth approximately $31,000. Rothschild Investment LLC acquired a new position in iShares MBS ETF during the 2nd quarter worth $33,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF in the 3rd quarter valued at $33,000. Finally, PSI Advisors LLC boosted its position 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 buying an additional 435 shares during the last quarter. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

MBB stock opened at $93.45 on Wednesday. iShares MBS ETF has a twelve month low of $85.28 and a twelve month high of $96.76. The business has a fifty day moving average of $95.33 and a 200-day moving average of $93.04.

iShares MBS ETF Announces Dividend

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

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).