Sagespring Wealth Partners LLC Purchases 953 Shares of iShares MBS ETF $MBB

Sagespring Wealth Partners LLC boosted its position in shares of iShares MBS ETF (NASDAQ:MBB) by 11.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,080 shares of the company’s stock after buying an additional 953 shares during the period. Sagespring Wealth Partners LLC’s holdings in iShares MBS ETF were worth $852,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Private Wealth Advisors LLC raised its position in shares of iShares MBS ETF by 2.8% in the 2nd quarter. International Private Wealth Advisors LLC now owns 4,120 shares of the company’s stock worth $387,000 after acquiring an additional 114 shares in the last quarter. Midwest Heritage Bank FSB raised its position in shares of iShares MBS ETF by 4.0% in the 2nd quarter. Midwest Heritage Bank FSB now owns 2,982 shares of the company’s stock worth $280,000 after acquiring an additional 116 shares in the last quarter. Legacy Capital Group California Inc. raised its position in shares of iShares MBS ETF by 2.2% in the 1st quarter. Legacy Capital Group California Inc. now owns 5,495 shares of the company’s stock worth $515,000 after acquiring an additional 118 shares in the last quarter. Paces Ferry Wealth Advisors LLC raised its position in shares of iShares MBS ETF by 5.4% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 2,308 shares of the company’s stock worth $216,000 after acquiring an additional 119 shares in the last quarter. Finally, Beacon Capital Management LLC raised its holdings in iShares MBS ETF by 35.3% in the second quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock worth $43,000 after purchasing an additional 120 shares in the last quarter. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Trading Down 0.0%

Shares of iShares MBS ETF stock opened at $95.53 on Thursday. The company has a 50-day simple moving average of $94.65 and a two-hundred day simple moving average of $93.44. iShares MBS ETF has a one year low of $90.28 and a one year high of $95.97.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a dividend of $0.3363 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Wednesday, October 1st.

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).