Patriot Financial Group Insurance Agency LLC Increases Stock Position in iShares MBS ETF $MBB

Patriot Financial Group Insurance Agency LLC increased its holdings in iShares MBS ETF (NASDAQ:MBB) by 106.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 50,228 shares of the company’s stock after buying an additional 25,931 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MBS ETF were worth $4,769,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. ESL Trust Services LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. bought a new stake in shares of iShares MBS ETF during the 1st quarter valued at $28,000. First Community Trust NA purchased a new stake in iShares MBS ETF during the 1st quarter worth about $32,000. Nemes Rush Group LLC lifted its holdings in iShares MBS ETF by 132.9% during the 4th quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after purchasing an additional 206 shares in the last quarter. Finally, Wealth Watch Advisors INC purchased a new stake in iShares MBS ETF during the 3rd quarter worth about $35,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ MBB opened at $94.93 on Monday. iShares MBS ETF has a 52 week low of $92.40 and a 52 week high of $96.96. The business has a 50-day simple moving average of $94.47 and a two-hundred day simple moving average of $95.09.

iShares MBS ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3334 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 Monday, June 1st.

iShares MBS ETF Company 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).