TritonPoint Partners LLC Takes $2.26 Million Position in iShares MBS ETF $MBB

TritonPoint Partners LLC acquired a new stake in iShares MBS ETF (NASDAQ:MBB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,711 shares of the company’s stock, valued at approximately $2,258,000. iShares MBS ETF makes up 1.2% of TritonPoint Partners LLC’s portfolio, making the stock its 21st largest position.

Several other large investors have also made changes to their positions in the business. Zinnia Wealth Advisory LLC purchased a new position in shares of iShares MBS ETF in the fourth quarter valued at about $687,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of iShares MBS ETF during the 4th quarter valued at about $1,436,000. Retirement Capital Strategies boosted its holdings in shares of iShares MBS ETF by 2,318.9% during the 4th quarter. Retirement Capital Strategies now owns 61,052 shares of the company’s stock valued at $5,813,000 after purchasing an additional 58,528 shares during the last quarter. Mariner LLC boosted its holdings in shares of iShares MBS ETF by 3.3% during the 4th quarter. Mariner LLC now owns 213,572 shares of the company’s stock valued at $20,336,000 after purchasing an additional 6,834 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC lifted its holdings in shares of iShares MBS ETF by 7.5% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 746,585 shares of the company’s stock valued at $71,090,000 after acquiring an additional 51,797 shares during 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 $94.38 on Monday. iShares MBS ETF has a 12 month low of $92.38 and a 12 month high of $96.96. The company has a 50-day moving average price of $94.56 and a 200 day moving average price of $95.15.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3334 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).