Vise Technologies Inc. Raises Holdings in iShares MBS ETF (NASDAQ:MBB)

Vise Technologies Inc. increased its stake in iShares MBS ETF (NASDAQ:MBB) by 9.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 100,530 shares of the company’s stock after buying an additional 8,707 shares during the quarter. iShares MBS ETF comprises about 2.3% of Vise Technologies Inc.’s holdings, making the stock its 5th biggest position. Vise Technologies Inc.’s holdings in iShares MBS ETF were worth $9,376,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MBB. Valmark Advisers Inc. raised its position in shares of iShares MBS ETF by 4.8% during the 1st quarter. Valmark Advisers Inc. now owns 2,340 shares of the company’s stock worth $222,000 after buying an additional 107 shares in the last quarter. Verus Capital Partners LLC increased its stake in shares of iShares MBS ETF by 2.6% during the second quarter. Verus Capital Partners LLC now owns 4,339 shares of the company’s stock valued at $405,000 after acquiring an additional 110 shares during the period. Haverford Financial Services Inc. raised its holdings in iShares MBS ETF by 2.3% during the second quarter. Haverford Financial Services Inc. now owns 5,312 shares of the company’s stock worth $495,000 after purchasing an additional 118 shares in the last quarter. Brinker Capital Investments LLC raised its holdings in iShares MBS ETF by 6.3% during the first quarter. Brinker Capital Investments LLC now owns 2,190 shares of the company’s stock worth $223,000 after purchasing an additional 130 shares in the last quarter. Finally, Raymond James Trust N.A. lifted its position in iShares MBS ETF by 2.1% in the first quarter. Raymond James Trust N.A. now owns 7,746 shares of the company’s stock worth $734,000 after purchasing an additional 156 shares during the period. Institutional investors own 92.51% of the company’s stock.

iShares MBS ETF Stock Performance

NASDAQ MBB traded down $0.13 on Thursday, reaching $89.07. 317,266 shares of the stock traded hands, compared to its average volume of 2,199,846. iShares MBS ETF has a 12 month low of $85.28 and a 12 month high of $96.78. The firm’s fifty day simple moving average is $88.64 and its 200 day simple moving average is $91.42.

iShares MBS ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Investors of record on Thursday, November 2nd were paid a dividend of $0.274 per share. The ex-dividend date was Wednesday, November 1st. This represents a $3.29 annualized dividend and a yield of 3.69%.

iShares MBS ETF Company 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).