Pettinga Financial Advisors LLC Has $4.61 Million Holdings in iShares MBS ETF (NASDAQ:MBB)

Pettinga Financial Advisors LLC boosted its holdings in shares of iShares MBS ETF (NASDAQ:MBB) by 5.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,089 shares of the company’s stock after buying an additional 2,577 shares during the quarter. iShares MBS ETF comprises 1.1% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 24th biggest holding. Pettinga Financial Advisors LLC’s holdings in iShares MBS ETF were worth $4,607,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MBB. Financial Management Professionals Inc. bought a new stake in shares of iShares MBS ETF during the 1st quarter worth $26,000. Chris Bulman Inc acquired a new position in iShares MBS ETF during the 2nd quarter worth $31,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the third quarter valued at about $33,000. Rothschild Investment LLC acquired a new stake in shares of iShares MBS ETF in the second quarter valued at about $33,000. Finally, PSI Advisors LLC increased its stake in shares of iShares MBS ETF by 2,289.5% in the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock worth $42,000 after purchasing an additional 435 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB opened at $93.12 on Friday. The business has a 50 day moving average price of $95.27 and a 200 day moving average price of $93.04. iShares MBS ETF has a twelve month low of $86.08 and a twelve month high of $96.76.

iShares MBS ETF Announces Dividend

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

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).