Consolidated Portfolio Review Corp Makes New $338,000 Investment in iShares MBS ETF $MBB

Consolidated Portfolio Review Corp acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,602 shares of the company’s stock, valued at approximately $338,000.

Several other large investors also recently modified their holdings of MBB. J.W. Cole Advisors Inc. grew its stake in iShares MBS ETF by 173.4% in the 1st quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock valued at $1,137,000 after buying an additional 7,687 shares during the last quarter. Keystone Global Partners LLC boosted its holdings in shares of iShares MBS ETF by 128.9% during the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock worth $103,000 after acquiring an additional 616 shares during the period. Golden State Wealth Management LLC grew its position in shares of iShares MBS ETF by 54.6% in the first quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock valued at $375,000 after purchasing an additional 1,410 shares during the last quarter. First American Trust FSB grew its position in shares of iShares MBS ETF by 6.7% in the first quarter. First American Trust FSB now owns 59,257 shares of the company’s stock valued at $5,557,000 after purchasing an additional 3,713 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of iShares MBS ETF during the first quarter worth approximately $1,069,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $95.24 on Friday. The business has a fifty day simple moving average of $94.33 and a 200 day simple moving average of $93.32. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $95.97.

iShares MBS ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a $0.3363 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 1st.

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).