Optivise Advisory Services LLC Takes Position in iShares MBS ETF (NASDAQ:MBB)

Optivise Advisory Services LLC acquired a new position in iShares MBS ETF (NASDAQ:MBB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,019 shares of the company’s stock, valued at approximately $1,439,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. St. Johns Investment Management Company LLC acquired a new position in iShares MBS ETF during the 3rd quarter valued at about $30,000. Chris Bulman Inc bought a new position in iShares MBS ETF in the 2nd quarter worth approximately $31,000. Rothschild Investment LLC acquired a new stake in iShares MBS ETF in the 2nd quarter valued at approximately $33,000. Godsey & Gibb Inc. bought a new stake in iShares MBS ETF during the 3rd quarter valued at $33,000. Finally, MeadowBrook Investment Advisors LLC boosted its position in iShares MBS ETF by 413.5% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock worth $36,000 after acquiring an additional 306 shares during the period. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

NASDAQ:MBB opened at $92.60 on Friday. iShares MBS ETF has a 1 year low of $89.16 and a 1 year high of $96.76. The business has a fifty day moving average of $94.00 and a 200-day moving average of $93.41.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3099 per share. The ex-dividend date was Friday, November 1st.

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).