Cornerstone Planning Group LLC Grows Stock Holdings in iShares MBS ETF $MBB

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

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

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.78 on Friday. The business has a fifty day moving average price of $94.15 and a 200-day moving average price of $94.96. 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 company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.3373 per share. The ex-dividend date of this dividend 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).