Optivise Advisory Services LLC Boosts Holdings in iShares MBS ETF $MBB

Optivise Advisory Services LLC grew its holdings in iShares MBS ETF (NASDAQ:MBB) by 18.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,298 shares of the company’s stock after purchasing an additional 2,591 shares during the quarter. Optivise Advisory Services LLC’s holdings in iShares MBS ETF were worth $1,530,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in iShares MBS ETF in the 2nd quarter valued at approximately $30,000. Headlands Technologies LLC purchased a new position in iShares MBS ETF in the first quarter valued at $31,000. Tsfg LLC boosted its holdings in iShares MBS ETF by 106.8% in the second quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the period. Flaharty Asset Management LLC purchased a new position in iShares MBS ETF in the first quarter valued at $34,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in iShares MBS ETF by 317.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 388 shares of the company’s stock valued at $36,000 after purchasing an additional 295 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Trading Down 0.5%

Shares of MBB opened at $95.11 on Tuesday. The stock has a 50-day simple moving average of $95.22 and a 200-day simple moving average of $93.71. iShares MBS ETF has a 1 year low of $90.28 and a 1 year high of $96.25.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd will be paid a $0.342 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Monday, November 3rd. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.34.

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).