Richardson Financial Services Inc. Has $210,000 Stake in iShares MBS ETF (NASDAQ:MBB)

Richardson Financial Services Inc. reduced its position in iShares MBS ETF (NASDAQ:MBB) by 9.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,286 shares of the company’s stock after selling 251 shares during the quarter. Richardson Financial Services Inc.’s holdings in iShares MBS ETF were worth $210,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of MBB. Strait & Sound Wealth Management LLC boosted its holdings in iShares MBS ETF by 3.7% during the first quarter. Strait & Sound Wealth Management LLC now owns 3,309 shares of the company’s stock worth $298,000 after purchasing an additional 117 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of iShares MBS ETF by 1.3% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,606 shares of the company’s stock valued at $888,000 after acquiring an additional 119 shares in the last quarter. DB Fitzpatrick & Co Inc increased its position in shares of iShares MBS ETF by 0.6% during the second quarter. DB Fitzpatrick & Co Inc now owns 19,518 shares of the company’s stock valued at $1,792,000 after acquiring an additional 119 shares during the last quarter. W Advisors LLC lifted its holdings in iShares MBS ETF by 2.9% during the first quarter. W Advisors LLC now owns 4,329 shares of the company’s stock worth $400,000 after acquiring an additional 124 shares during the period. Finally, New Republic Capital LLC boosted its position in iShares MBS ETF by 5.0% in the first quarter. New Republic Capital LLC now owns 2,636 shares of the company’s stock worth $244,000 after purchasing an additional 125 shares during the last quarter. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $96.23 on Friday. iShares MBS ETF has a 1 year low of $85.28 and a 1 year high of $96.76. The business has a fifty day moving average price of $94.73 and a two-hundred day moving average price of $92.58.

iShares MBS ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.3177 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).