Kingdom Financial Group LLC. Makes New $636,000 Investment in iShares MBS ETF $MBB

Kingdom Financial Group LLC. bought a new position in iShares MBS ETF (NASDAQ:MBB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 6,682 shares of the company’s stock, valued at approximately $636,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Delos Wealth Advisors LLC purchased a new stake in iShares MBS ETF in the second quarter worth $26,000. LRI Investments LLC bought a new stake in shares of iShares MBS ETF during the 2nd quarter valued at $30,000. Tsfg LLC grew its position in shares of iShares MBS ETF by 106.8% in the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after buying an additional 173 shares during the period. Evolution Wealth Management Inc. purchased a new stake in shares of iShares MBS ETF in the 2nd quarter worth about $39,000. Finally, Beacon Capital Management LLC increased its stake in shares of iShares MBS ETF by 35.3% in the 2nd quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock worth $43,000 after acquiring an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $95.36 on Friday. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.25. The company’s 50-day simple moving average is $95.35 and its 200 day simple moving average is $94.79.

iShares MBS ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.334 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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). 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).