WealthPoint Financial LLC Purchases Shares of 15,212 iShares MBS ETF $MBB

WealthPoint Financial LLC acquired a new stake in shares of iShares MBS ETF (NASDAQ:MBB) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 15,212 shares of the company’s stock, valued at approximately $1,448,000. iShares MBS ETF makes up 1.3% of WealthPoint Financial LLC’s holdings, making the stock its 29th biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. Van Diest Capital LLC purchased a new stake in iShares MBS ETF during the fourth quarter valued at about $217,000. Birchwood Financial Partners Inc. purchased a new position in shares of iShares MBS ETF in the 4th quarter worth about $37,000. Strive Financial Group LLC purchased a new position in shares of iShares MBS ETF in the 4th quarter worth about $1,039,000. High Falls Advisors Inc raised its holdings in shares of iShares MBS ETF by 3.8% in the 4th quarter. High Falls Advisors Inc now owns 148,287 shares of the company’s stock worth $14,120,000 after purchasing an additional 5,388 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of iShares MBS ETF by 210.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 50,650 shares of the company’s stock valued at $4,824,000 after purchasing an additional 34,323 shares in the last quarter. 91.70% of the stock is owned by hedge funds and other institutional investors.

iShares MBS ETF Trading Up 0.3%

Shares of NASDAQ:MBB opened at $94.48 on Friday. iShares MBS ETF has a 1 year low of $92.40 and a 1 year high of $96.96. The stock has a 50-day simple moving average of $94.54 and a 200-day simple moving average of $95.11.

iShares MBS ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3334 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.2%.

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). 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).