Cornerstone Planning Group LLC Increases Stock Position in iShares MBS ETF $MBB

Cornerstone Planning Group LLC boosted its holdings in iShares MBS ETF (NASDAQ:MBB) by 29.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,726 shares of the company’s stock after acquiring an additional 8,860 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares MBS ETF were worth $3,652,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Modera Wealth Management LLC lifted its holdings in shares of iShares MBS ETF by 0.6% during the first quarter. Modera Wealth Management LLC now owns 295,435 shares of the company’s stock valued at $28,052,000 after purchasing an additional 1,905 shares in the last quarter. Fiscal Wisdom Wealth Management LLC boosted its position in shares of iShares MBS ETF by 28.8% during the first quarter. Fiscal Wisdom Wealth Management LLC now owns 5,647 shares of the company’s stock valued at $536,000 after buying an additional 1,263 shares during the last quarter. Bessemer Group Inc. increased its holdings in iShares MBS ETF by 6.5% in the 1st quarter. Bessemer Group Inc. now owns 1,596,964 shares of the company’s stock worth $151,632,000 after buying an additional 98,161 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in iShares MBS ETF by 8.4% in the 1st quarter. SteelPeak Wealth LLC now owns 190,554 shares of the company’s stock worth $18,093,000 after buying an additional 14,833 shares in the last quarter. Finally, Frisch Financial Group Inc. increased its holdings in iShares MBS ETF by 801.5% in the 1st quarter. Frisch Financial Group Inc. now owns 23,160 shares of the company’s stock worth $2,199,000 after buying an additional 20,591 shares in the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

Shares of NASDAQ:MBB opened at $93.78 on Friday. The business has a 50-day simple moving average of $94.15 and a two-hundred day simple moving average of $94.96. iShares MBS ETF has a fifty-two week low of $92.43 and a fifty-two week high of $96.96.

iShares MBS ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.3373 dividend. The ex-dividend date was Wednesday, July 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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).