Pacific Sage Partners LLC Acquires 5,443 Shares of iShares MBS ETF (NASDAQ:MBB)

Pacific Sage Partners LLC raised its position in shares of iShares MBS ETF (NASDAQ:MBB) by 7.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,402 shares of the company’s stock after acquiring an additional 5,443 shares during the period. iShares MBS ETF makes up approximately 1.8% of Pacific Sage Partners LLC’s investment portfolio, making the stock its 14th largest position. Pacific Sage Partners LLC’s holdings in iShares MBS ETF were worth $7,821,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in MBB. Tompkins Financial Corp boosted its stake in shares of iShares MBS ETF by 51.7% in the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock valued at $30,000 after buying an additional 109 shares during the period. Curat Global LLC bought a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $30,000. IMG Wealth Management Inc. bought a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $30,000. Truvestments Capital LLC acquired a new position in iShares MBS ETF during the fourth quarter valued at approximately $36,000. Finally, Garde Capital Inc. acquired a new position in iShares MBS ETF during the first quarter valued at approximately $43,000. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

Shares of MBB opened at $93.04 on Tuesday. iShares MBS ETF has a one year low of $90.28 and a one year high of $96.76. The firm has a 50 day simple moving average of $92.46 and a two-hundred day simple moving average of $92.46.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3251 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.90 annualized dividend and a yield of 4.19%.

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).