Focus Financial Network Inc. Buys 1,546 Shares of iShares MBS ETF (NASDAQ:MBB)

Focus Financial Network Inc. boosted its stake in iShares MBS ETF (NASDAQ:MBB) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,227 shares of the company’s stock after acquiring an additional 1,546 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares MBS ETF were worth $3,950,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MBB. St. Johns Investment Management Company LLC acquired a new position in shares of iShares MBS ETF during the 3rd quarter worth about $30,000. Chris Bulman Inc acquired a new position in iShares MBS ETF in the 2nd quarter valued at about $31,000. Godsey & Gibb Inc. acquired a new position in iShares MBS ETF in the 3rd quarter valued at about $33,000. Rothschild Investment LLC acquired a new position in iShares MBS ETF in the 2nd quarter valued at about $33,000. Finally, PSI Advisors LLC grew its stake in iShares MBS ETF by 2,289.5% in the 2nd quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after buying an additional 435 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Down 0.1 %

Shares of MBB opened at $92.84 on Friday. iShares MBS ETF has a 52 week low of $86.48 and a 52 week high of $96.76. The firm’s 50-day simple moving average is $95.05 and its 200 day simple moving average is $93.12.

iShares MBS ETF Dividend Announcement

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

iShares MBS ETF 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).