McNaughton Wealth Management LLC Has $6.63 Million Stake in iShares MBS ETF $MBB

McNaughton Wealth Management LLC boosted its stake in iShares MBS ETF (NASDAQ:MBBFree Report) by 14.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,197 shares of the company’s stock after acquiring an additional 8,596 shares during the quarter. iShares MBS ETF accounts for 2.4% of McNaughton Wealth Management LLC’s portfolio, making the stock its 12th largest position. McNaughton Wealth Management LLC’s holdings in iShares MBS ETF were worth $6,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MBB. ESL Trust Services LLC acquired a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $28,000. Brown Lisle Cummings Inc. acquired a new position in shares of iShares MBS ETF during the first quarter worth about $28,000. First Community Trust NA acquired a new position in shares of iShares MBS ETF during the first quarter worth about $32,000. Nemes Rush Group LLC grew its holdings in shares of iShares MBS ETF by 132.9% during the fourth quarter. Nemes Rush Group LLC now owns 361 shares of the company’s stock worth $34,000 after buying an additional 206 shares in the last quarter. Finally, Wealth Watch Advisors INC bought a new position in shares of iShares MBS ETF during the third quarter worth about $35,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of iShares MBS ETF stock opened at $93.34 on Thursday. The business’s 50 day simple moving average is $93.95 and its 200 day simple moving average is $94.75. iShares MBS ETF has a 52-week low of $92.68 and a 52-week high of $96.96.

iShares MBS ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.3413 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is an increase from iShares MBS ETF’s previous dividend of $0.34.

iShares MBS ETF Profile

(Free Report)

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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