iShares MBS ETF $MBB Stock Position Raised by Frisch Financial Group Inc.

Frisch Financial Group Inc. increased its position in iShares MBS ETF (NASDAQ:MBB) by 801.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 23,160 shares of the company’s stock after purchasing an additional 20,591 shares during the period. Frisch Financial Group Inc.’s holdings in iShares MBS ETF were worth $2,199,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ESL Trust Services LLC purchased a new stake in shares of iShares MBS ETF in the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. acquired a new stake in shares of iShares MBS ETF in the first quarter worth $28,000. First Community Trust NA purchased a new position in shares of iShares MBS ETF during the first quarter valued at $32,000. Nemes Rush Group LLC grew its holdings in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock valued at $34,000 after buying an additional 206 shares in the last quarter. Finally, Aventura Private Wealth LLC purchased a new position in shares of iShares MBS ETF during the fourth quarter valued at $35,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $93.76 on Friday. The business’s fifty day moving average price is $94.18 and its 200 day moving average price is $94.97. iShares MBS ETF has a 1-year low of $92.43 and a 1-year high of $96.96.

iShares MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.3373 per share. The ex-dividend date of this dividend was Wednesday, July 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).