Client 1ST Advisory Group LLC Has $2.31 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Client 1ST Advisory Group LLC increased its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 1.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 25,172 shares of the company’s stock after acquiring an additional 251 shares during the period. iShares MBS ETF makes up approximately 1.0% of Client 1ST Advisory Group LLC’s holdings, making the stock its 18th largest holding. Client 1ST Advisory Group LLC’s holdings in iShares MBS ETF were worth $2,311,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Zions Bancorporation N.A. acquired a new position in iShares MBS ETF during the second quarter worth $189,000. Federated Hermes Inc. raised its position in iShares MBS ETF by 61.8% in the 2nd quarter. Federated Hermes Inc. now owns 107,250 shares of the company’s stock valued at $9,847,000 after buying an additional 40,950 shares during the last quarter. GHP Investment Advisors Inc. lifted its position in shares of iShares MBS ETF by 1.4% during the second quarter. GHP Investment Advisors Inc. now owns 19,377 shares of the company’s stock valued at $1,779,000 after purchasing an additional 262 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of iShares MBS ETF by 7.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 16,422 shares of the company’s stock worth $1,508,000 after buying an additional 1,083 shares during the last quarter. Finally, Wealthgarden F.S. LLC bought a new position in iShares MBS ETF in the 2nd quarter valued at $829,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

MBB opened at $96.27 on Friday. iShares MBS ETF has a fifty-two week low of $85.28 and a fifty-two week high of $96.71. The firm has a 50-day moving average of $94.32 and a 200 day moving average of $92.42.

iShares MBS ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

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).