Focus Financial Network Inc. Has $3.95 Million Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Focus Financial Network Inc. increased its position in shares of iShares MBS ETF (NASDAQ:MBB) by 3.9% during the third quarter, Holdings Channel reports. The institutional investor owned 41,227 shares of the company’s stock after purchasing an additional 1,546 shares during the period. Focus Financial Network Inc.’s holdings in iShares MBS ETF were worth $3,950,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. lifted its position in shares of iShares MBS ETF by 35.6% during the third quarter. Principal Securities Inc. now owns 113,795 shares of the company’s stock worth $10,903,000 after acquiring an additional 29,902 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in iShares MBS ETF by 27.9% in the third quarter. Rosenberg Matthew Hamilton now owns 7,522 shares of the company’s stock worth $721,000 after buying an additional 1,643 shares during the period. Voisard Asset Management Group Inc. purchased a new position in iShares MBS ETF in the 3rd quarter worth approximately $339,000. SteelPeak Wealth LLC raised its holdings in iShares MBS ETF by 4.5% in the 3rd quarter. SteelPeak Wealth LLC now owns 141,700 shares of the company’s stock worth $13,576,000 after acquiring an additional 6,058 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC grew its position in iShares MBS ETF by 14.7% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 17,156 shares of the company’s stock worth $1,644,000 after purchasing an additional 2,203 shares during the period. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $92.84 on Friday. iShares MBS ETF has a 1 year low of $86.48 and a 1 year high of $96.76. The firm has a fifty day moving average price of $95.05 and a 200-day moving average price of $93.12.

iShares MBS ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3177 dividend. 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).